EICHERMOT trade ideas
Eichermotor 1d chart analysisMy personal view on eicher motors.
As eicher motors shows a good rally after breakout. it shows again a Bullish continuation Poll & Flag pattern.
If this pattern fails it can retest its previous supports.
Eicher Motors : Resistance Breakout and pending GAP FillingEicher Motors :
Good Resistance Breakout
GAP Filling Pending !
Support at 2685
'EICHER MOTOR' intraday opportunity for 18th June 2021The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade.
Eicher Motor In symmetrical triangle chart patternsA symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend.
For Educational Purpose Only
EICHERMOT | Flag pattern - looks good for 18-20%EICHERMOT | Flag pattern - looks good for 18-20%
CMP : 2763 (Dip : 2700)
SL : 2650
Target : 3015, 3220
Almost 1:6+ risk reward setup
EICHER MOTORS HI in the pattern we can
1)double top or bottom
2) technical indicator
3)support and resistance
EMA 20 ,VOLUME
4)And also can see descending triangle
Market Wizard Books.Curated Version:
These are enough for those who really want to deep dive into the world of finance.
Don't think reading only these you're able to do financial modeling things simply do fundamental as well... Company Financial statements are another thing. Going through out these books you'll able to think or relate dots in the Financial World. Foundation of stock market start with Dow theory and end up with Neural Networks.
You have to work on your way of processing the information.
