Eicher Motor- Good oppotunity -2nd attempt of breakoutEicher Motor- Good oppotunity -2nd attempt of breakout
EICHERMOT trade ideas
AB Research Definition
research is an organized inquiry designed and carried out to provide information for solving problem.
Characteristic Research
) Controlled: The concept of control implies that, in exploring set up your study in a way that minimizes the effects of other factors affecting the relationship.
Rigorous: ensuring that the procedures followed to find answer to questions are relevant; appropriate and justified.
Systematic:This implies that the procedures adopted to undertake an investigation follow a certain logic sequence
) Valid and Verifiable:whatever you conclude on the basis of your findings is correct and can be verified by you and others.
Empirical: This means that any conclusions drawn are based upon hard evidence gathered from information collected from real life experiences or observations.
Critical: Critical scrutiny of the procedures used and the methods employed is crucial to a research inquiry. The process of investigation must be fool proof and free from drawbacks
Objective Research
A) Academic Objectives – It relates to development of new concept and addition to old concept. It means that urge for knowledge is main factor in this type of objectives of research.
B) Utility objectives- It relates to utility of research work, as research work, as research is accepted for more use to the society
1. Decision making objectives:Controlling, which is the main function in the management, can effectively be organized through research study.
2. Environmental objectives: All the decisions in the business are taken in relation to the environment in which business operates. All the factors affecting business like state, investor, worker, customer and the competition requires systematic investigation before any decision is to be taken.
EICHERMOT showed a great move todayNSE:EICHERMOT has moved almost 5% today. Great move. The momentum can continue.
Eicher Motors 1hr*For educational purpose only, it's not a call do your own analysis.
Stock stood at 50 days MA.
Eicher MotorsEicher Motors - Cmp 2764
The stock is giving breakout from the triangular pattern. Looks good for long above 2775 for targets of 2900/3000 with a stop loss of 2700 on clbs.
Eicher Motors swing / intra day idea as seen in text of chart . do like and follow us for our encouragement , will be highly appreciable ! thank you
Eicher motors trendline supportgap opening will be tomorrow . If Eicher motors open with gap up then go for long
if Eicher motors open with gap down don't go for trade. Choose another stock
EICHER MOTORS SHORT COVERINGEicher motors kafi dino se trendline ke support se upar ja raha tha sur daily time frame par ek triangle form kar raha tha,, bahot probebility thi ki hame ek up side breakout milta sur mila bhi lekin!!! ekaek sellof aaya aur break out fakeout me badal gaya fir hamne niche ki aur breakdown diya aur hamne trend line ko regain kiya ,na sirf regain kiya balki trend line ke pas hame bar bar bullish candles mil rahi hai....
agar aap chahe to long tread initiate kare kyoki risk reward bhi yaha par 4R ka hai.
y ekoi recommandation nahi hai apne jokhim par tread kare!!!
Eicher Motors now near support at hourly chartEicher Motors is looking bullish on hourly chart , could be a good buy near support levels and stop loss should be just below the support line
Path for the Eicher Motors traced in the chart
Eicher motor beautiful triangle formationEicher motor beautiful triangle formation : levels on chart.
[ INTRADAY ] EICHERMOT SHORT BET
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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EICHERMOT had been cracking for some timeNSE:EICHERMOT had been cracking for some time. It might show 2480 and below levels soon.
Eicher: Watchout for Breakdown if it sustains below 2500Can do 2200 if it sustains the breakdown. With auto index underperforming, CEO resigning, Ola launching their electric 2 wheeler there are multiple headwinds for the stock
Be careful......
Fall in profit & revenue
- trading at a crucial level of 2500
- sell if it falls below 2500
- price is falling with heavy volume
Eicher Motar good to goEicher motor is ready for shorting if it closes below the marked price level
1) Latest close is below 200MA
2) Huge volume Expansion on latest Candle
3) Bearish candle at time of crossing 200MA
4) several months of support line breakdown if trade executed
You can enter with 50% of your capital if closes below on daily timeframe and add up rest when it retest the trendline
the stock may break vwap or break 2537 supportMy analysis is based on price action patterns and previous support and resistance also used some traingle patterns and indicators
