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EICHER MOTORS LTD.EICHER MOTORS LTD.EICHER MOTORS LTD.

EICHER MOTORS LTD.

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EICHERMOT trade ideas

Eicher motors: Good stock for buying but needs confirmationsEicher motors has come up a long way from recent bottoms. It is still a strong candidate but needs confirmations. Scenario 1: It can retest its support bed (although week) range 2012-2065. If we see strong rejections from bulls then we can enter the positional trade. In this case the trade should be placed as follows:- Entry: 2050-2100 Target: 2400 - 2900- 3168 SL: 1990 -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Scenario 2: If it breaches its current monthly resistance placed at 2201 strongly with larger candles going beyond 2250, then the trades should be placed as follows:- Entry: 2273 Target: 2400 (we need to again check for further target confirmation going towards 2900- 3168) SL: 2200 Keep following for the confirmations
NSE:EICHERMOT
by shikhagupta2589
6
Updated Post on Next Move The idea of trading an Hypothesis of wave theory is to have Guided method in taking proper decision during live trade Which of the following Guidelines have already met ? which are in Process ? and what should be the course of action , Many Just read some books and View Some YouTube video to take decision without knowing complete system ,without understanding risk factors those who are posting in YouTube video Maximum are trying their best to convince you what they know , but how many of them have taken really a live trade and shown you what is the confirmation ? what exactly the action course ? , where the person can take decision without any fear , the answer to these Questions even 99% of You tubers dont know Complete performance based education is not easy , its very difficult the trainer, latterly trainer will cry during 1st stage of training because he or she has to undo all mis-understandings in trading stocks for New learners in stock trading Good luck people , trade only with daily reversal , dont rush
NSE:EICHERMOTLong
by ShreeKrishna_F
EICHERMOT is Running in SR Trendline (Strong Breakout Trade)Eicher Motors Limited : Commercial Company ( NSE:EICHERMOT ) is Making SR Trendline Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern. And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High. Target and StopLoss are never already fixed in the chart pattern. Thank you. You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit. Chart Published By Ravinder Sharma
NSE:EICHERMOT
by R_Sharma