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
EICHERMOT trade ideas
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
EICHER Motors - Penant formationIts at a good trendline and forming a penant. Please consult your advisor before trading
Possible breakout on eicher motors - 1hr charts possible breakouts shown with monthly supports and retracement levels with h&S patterns formation
Symmetrical Triangle Pattern - #EICHERMOT stockEICHERMOT has give a breakout on daily time frame and a Symmetrical triangle breakout which is a continuation patterns is also observed on weekly time frame. Entry, Stoploss and target can be kept as shown in the chart
Eicher Motors - At Good ResistanceEicher Motors :
Need to Breakout Strong Resistance
GAP Filling Pending !
Long above 2810
Support at 2770 and 2740
EICHERMOT intraday buybuy above the drown trend line for intraday,
buy above the drown trend line for intraday,
buy above the drown trend line for intraday,
buy above the drown trend line for intraday,
EICHERMOT - Price and Trend SetupStock is in upward trend and soon may test strong resistance of 2797. Positive crossover of RS against Nifty50 index.
Swing trade∘ Eicher Motors Analysis
∘ Supply zone taking multiple times Resistance
∘ If zone break with high Volume go long Target marked in chart
Note : Always be extra cautious with breakout trade with confirmation .
EICHER MOTORSNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Eicher Motors - CMP: 2732The stock has given Wedge Pattern breakout with good delivery volume.
All indicators are in positive bios. We can expect price movement up to 2925 in the near term. also 3190 in the mid-term time frame. Also, expect Mid to Long term price movement till 3400.
Stock is getting ready for further upmoveThe stock is testing it's trendline and looks good for further upmove. Levels marked on the chart.
Long opportunity in EICHERMOTORSAs they say history repeats itself in the markets too, earlier EICHERMOTORS has broke out forming ascending chart pattern with support zone being the long time demand zone, looks like it is forming a similar ascending triangle pattern again, Look for buy opportunities in case of breakout
Eicher motors - Bouncing off 200 EMAEicher motors is bouncing off 200 EMA...expecting it to at least grab the previous high
EICHER Motors - Symmetrical Triangle Eicher Motor Breakout from a Triangle pattern. Has Room for another 10% up move with 5% SL on CLB.
#EICHERMOT - Chugg A-Long#Eicher Motors - At it's 200 EMA supports should zoom uphill towards, 2610, 2645 and 2710, just long as it stays above 2485.
EICHER - Oversold. Time for upmoveEICHER - time for upmove. Oversold and accumulation zone. It should start rallying above 2620.
