EICHERMOT trade ideas
eicher motor dhaniya bo chuka hai holding tradeeicher motor trade update
we bought eicher in anticipation of short coverein
but market as such is very volatile and negative
lets see if we hold or carry the trade
disclaimer: i am holding position
Breakout and Retest @ EICHERMOT
STOCK: Eicher Motor Ltd.
SETUP: The price has given a Range Breakout with a huge volume. The price has come back to retest the same breakout level with low volume. Wait for a bullish sign at the same level or it can be bought above PDH with the same candle low.
NOTE: I am SEBI registered # For learning purposes only # Manage your Risk.
Eicher motors breaks 6 month long consolidationStrong candle on 2nd Jan 2025 with big volume breaking out of 6 month resistance near 5k.
Good to add for 10k target on pullbacks time period 6months to 1 year.
Entry near 5k-4950 stop will be 4673
8th jan eicher motor for intra cum swingpost good number eicher shoot up like a rocket and make a breakout
as of now, stock is consolidating
so buy eicher in zone 5100-5150
with stop loss of 5010
targets will be 5290-5350-5400++
big target as is also a budget stock due to tractors
EICHERMOT#EICHERMOT has broken out from the 6 month base on a decent volume. One can enter here or on the pull back with a SL mentioned on the chart.
Eicher Motors consolidation breakoutEicher Motors has recently broken out of a consolidation phase near the key resistance level of ₹5,385, signaling the potential for a strong uptrend continuation. A successful breakout could target ₹5,500-₹5,700 in the short term, offering an attractive swing trade setup. For positional traders, the long-term structure supports a target of ₹6,000-₹6,200, with strong support at ₹5,000-₹5,100 minimizing downside risk. Indicators such as a bullish MACD and RSI in the overbought zone highlight strong momentum but also caution of potential short-term pullbacks to the ₹5,100-₹5,000 range, which could provide better entry points. With a stop-loss at ₹5,200 for swing trades and ₹4,800 for positional trades, Eicher Motors offers a favorable risk-reward ratio. The consolidation near resistance and overall technical strength make it a solid candidate for both short-term and long-term trades.
VIEW ON EICHERMOTBreakout on all chart frames
After auto sales stock has performed well
All time closing on weekly basis
Target 5470/5720
Stop loss 5075
I am just representing my views
For educational purpose only.
EICHERMOTORS RECTANGLE BREAKOUT Eichermotors breaking a rectangle box on
weekly basis with volume spike
macd crossover this week,bullish rsi
#target 6000 after breaking 5450
#positionaltrading
NO BUY/SELL RECOMENDATION
Breakout in EICHER MOTORSDarvas Box Breakout
RSI above 70 and rising
Trading above EMA50
Volume spurt
6+ months of consolidation
Good sales volume, monthly sales up 25%+ YoY
Disc: for study, not a recommendation
EICHER MOTORS_ATHDear Treaders,
Currently EICHER MOTORS is closed @ ATH with breakout.
Go long Jan-2025,Feb-2025 and March-2025 Futures and Rollover until closes below previous market structure for stoploss.
Happy trading!!Only for educational purpose.
Education purpose only - EicherStock is going to ATH
coming out of major resistances
is it possible to test the next trend line resistance and a round level of 5500/-
indicators are in favour..
lets see how this hypothesis will play.
Eicher Motors Breakout Signals Momentum Towards 6000Details:
Asset: Eicher Motors Limited
Breakout Level: Confirmed breakout with sustained momentum
Potential Target: 6000
Stop Loss: Below recent breakout level or as per risk management
Timeframe: Short to medium-term
Rationale: Eicher Motors has confirmed a technical breakout, supported by strong volume and bullish sentiment. The breakout suggests a potential upward movement, with 6000 as the immediate target.
Market Analysis:
Technical Setup: A decisive breakout with strong follow-through signals the continuation of an uptrend. The stock is showing robust momentum toward higher levels.
Fundamental Strength: Eicher Motors, a leader in premium motorcycles and commercial vehicles, stands to benefit from growing consumer demand and favorable macroeconomic conditions.
Price Target:
Immediate target: 6000
Risk Management:
Set a stop loss just below the breakout level to mitigate downside risk in case of a reversal.
Timeframe:
The move toward 6000 is anticipated in the short to medium term, driven by sustained buying interest and strong technical indicators.
Risk-Reward Ratio:
Favorable, with a high-probability breakout and significant upside potential, offering an attractive setup for bullish traders.
Keep an eye on volume and broader market conditions to ensure momentum continues to support the move toward 6000.
VIEW ON EICHERMOTORSGood chart structure
Stock has shown some profit booking, can accumulate it
Target 4950/5000
Stop loss 4810
I am just representing my views
For educational purpose only.
Eicher Motors - Bulls in the ChannelTopic Statement: Eicher Motors remains mildly bullish, with the recent correction having minimal impact on its upward momentum.
Key Points:
1. The stock is trading within a bullish channel, offering buy opportunities at the lower end and sell opportunities at the upper end.
2. Historically, the stock rarely dips below the 360-day moving average, making it a great buying opportunity near this level.
Both long and short trades are possible in EICHERMOTERSAs I have explained in the video the complete analysis of EICHERMOTERS where you can plan longs if you can see a closing about the RESISTANCE zone and even you can plan shorts if you can see closing below the support zone
EICHER MOTORS#EICHERMOT
Good chart structure. After yesterday's fall, stock is performing well in today's trade
Target 4965/5050
Stop loss 4815
VIEW ON EICHERMOTORSGood chart structure
After yesterday's fall stock is performing good in today's trade
Target 4965/5050
Stop loss 4815
I am just representing my views
For educational purpose only.
EICHERMOT - 4th wave down in play?EICHERMOTORS - CMP 4680 Looks like it is headed for 4300 levels on the 4th wave down.. larger 3rd is still in play..but after the retracement..
Range + Cup & Handle Breakout In Eicher MotorRange + Cup & Handle Breakout = Lethal Combination
1.Got 6 Years Range + Cup & Handle Breakout on Dec 2023 Closing ( 4143.5 )
2. April 2024 Monthly Candle Closed At 4597.4, Above The Breakout Level Of Dec 2023
TRADE:
Buy 50% Here At Cmp - 4765 & Rest 50% If You Get Any Dip To 4150-4200
SL - 3880 ( Monthly Closing Basis )
Target = 6500++
Breakout soon in EICHER MOTORSAscending Triangle Breakout Setup
RSI above 65 and rising
Trading above EMA50
Volume increasing
Enter after confirmation
Disc: for study, not a recommendation
Eicher Motors Bullish Upward-moving channelThe stock is currently trading within an upward-moving channel, consistently forming higher highs and higher lows on the daily chart. This presents a favorable opportunity for a swing trade.
