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.
EICHERMOT trade ideas
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.
Eicher Motors Ltd: Ascending Triangle PatternEicher Motors Ltd: Ascending Triangle Pattern
Breaks out soon stock
12% upside potential
9 Week long base.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
#EICHERMOT Gearing Up for a Bull Run!🚗💨 Stock Alert: #EICHERMOT Gearing Up for a Bull Run! 🚗💨
📈 Momentum Building: With recent volume build-up and most stocks in the Auto industry showing strong breakouts, #EICHERMOT is set to follow the trend. As we approach the Diwali festival, this stock is primed for a bullish run alongside other auto stocks. The momentum suggests it’s a strong candidate for a swing trade.
Target: 5400-5890
Stop Loss: 4845
Trade Risk Free Exit (20-30%): 5250
R/R Ratio: 3.5
You can follow a tight stop loss here to manage risk. 🔥
💡 Keep #EICHERMOT on your radar during this massive bull run in Auto stocks! 👀
📢 Disclaimer: This post is for educational purposes only. Always do your own research before making any investment decisions. 💼
#StockMarket #AutoStocks #DiwaliRally #Trading #InvestSmart
EICHERMOT // Levels // 1h"Welcome to SkyTradingZone "
Hello Everyone 👋
For Eicher Motors Ltd (EICHERMOT) on the 1-hour time frame, here are the key levels:
Support Levels:
First Support: ₹4,860
Second Support: ₹4,820
Resistance Levels:
First Resistance: ₹4,940
Second Resistance: ₹4,980
EICHERMOT // Level // 1H"Welcome to SkyTradingZone "
Hello Everyone 👋
You're referring to the Eicher Motors Ltd (EICHERMOT) stock!
As of my last update, the current price of EICHERMOT is around 3,120-3,140.
Here are some key levels related to the EICHERMOT 1-hour chart:
Resistance Levels:
Immediate Resistance: 3,160-3,180
Medium-term Resistance: 3,200-3,220
Long-term Resistance: 3,300-3,320
Support Levels:
Immediate Support: 3,080-3,090
Medium-term Support: 3,040-3,050
Long-term Support: 2,900-2,910
Trend Lines:
Short-term Trend Line: The EICHERMOT has been trending upwards since the November 2020 low, with a short-term trend line around 2,500
Medium-term Trend Line: The EICHERMOT has been trending upwards since the August 2020 low, with a medium-term trend line around 2,800
Long-term Trend Line: The EICHERMOT has been trending upwards since the February 2020 low, with a long-term trend line
Eicher Motors Showing RS Nifty Divergence Eicher Motors is showing divergence between price trend and RS Nifty trend. Price trend is upwards while RS Nifty trend is downwards. This is showing weakness in the stock.
Eichermotors BullishOn the Monthly time frame this stock was in range of 3108 to 1215.70 from 01Aug 2017 to 01Aug2020
and given a break out on 01Aug2022 and range breakout retest confirmed on 03Juy2023 . consolidate for 3 months and rally started, as per range breakout targets are derived as Range High - Range Low i.e., 3108-1215.7 = 1892, by adding these points to Breakout of Range high that is 3108+1892 = 5000 as Target. This is one of the caluculation made for a Range Breakout deriving Target.
Accordingly we use Trend lines and channels to ride the trend on lower timeframe in other words we do call it as Top Down Analysis...
This is for Educational purpose only. i may be wrong too, i just shared this on my personal experience and knowledge. JUST A VIEW NOT A RECO...
Eicher MotorsSecret of rounding bottom. Now see the chart of FSL posted . You will get confidence and conviction.
sharing my idea based on chart reading.
no buying recommendation only for educational purpose
Higher Highs Higher Lows - EICHERMOT📊 Script: EICHERMOT
📊 Sector: Automobile
📊 Industry: Automobiles - Motorcycles / Mopeds
Key highlights: 💡⚡
📈 Script is trading in Upward moving channel and forming Higher Highs Higher Lows on daily chart.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 4941
🟢 Target 🎯🏆 - 5073
⚠️ Stoploss ☠️🚫 - 4808
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Eicher motors Channel Eicher motors Channel for trading
Buy near channel bottom and sell near or above channel high
FAalling wedgeThe Descending Broadening Wedge is the opposite of the Ascending Broadening Wedge. It is generally formed during a downtrend. Divergent to the Falling Wedge, where the price action contracts as the pattern mature, the Descending Broadening Wedge widens as the two trend lines that have formed diverge from one another.
The descending broadening wedge is measured to be a reversal pattern and is bullish. Although the pattern is typically a reversal signal, a continuation of the downtrend is still possible.
On a continuation, the wedge will still slope to the downside, but the down-slope will characteristically be found as a pullback within an uptrend. The pattern will slope to the downside within a downtrend on a reversal. Despite continuation or reversal, descending broadening wedges are always bullish.
Eicher motor Elliot view pattern- can consider during correction
- wait for correction wave 4
This analysis is my own idea.
I don't recommend to take trade based on this idea.
Know the market risk before trade.
Eicher Motor Long position
Hold few Weeks to Months
Please consult your financial advisor before investing
All research for educational purposes only.
Reversal from bottom, RSI is shifting in upper direction. Stock is ready to cross past barriers with good volumes.
