EICHERMOT trade ideas
EICHERMOTOR INTRADAY TRADE SETUPThe TrendLine has been broken and there is also a triangle pattern formation. A trade can be initiated upon breaking of the triangle.
THE STOCK IS TRYING TO BREAK SUPPORT IF IT WILL THEN SEE DOWSIDEsell belove blue line on 15 min closing basis.green line is target zone .red line is stoploss
Eicher Motor Broken Two Years Trend line !!!Looks like Eicher motors has broken TWO YEARS trend line drawn from April'18.
Can go LONG in it, if it crosses 20310.
Eicher Motor - At resistance on weekly ChartsEicher motor is standing at a resistance on weekly charts
EICHER MOTORS DARK CLOUDEicher motors just crossed resistance and had a small rally now formed dark cloud, it will fall now.
Reverse H&S in EICHERMOTOTORS - look for BUYReverse H&S in EICHERMOTOTORS - look for BUYING opportunity
Leading diagonal retracement. I'm hopeful of a 61% retracement to 15391, but it could be different. Sell options based on your aggressiveness. August 18000CE seems most safe.
Eichermot Daily Analysis_10/07/20a. Zone: Moderate Bear
b. Resistance 1: 19575.40
c. Resistance 2: 20060.75
d. Support 1: 19332.70
e. Support 2: 19251.80
NSE:EICHERMOT
Eichermot Daily Analysis_09/07/20a. Zone: Strong Bear
b. Resistance 1: 20067.80
c. Resistance 2: 20517.75
d. Support 1: 19257.85
e. Support 2: 19167.85
NSE:EICHERMOT
EICHERMOT short levelsDeep crab executed Short 17835 .70 Twice, so the next level for short is at Alt Shark and AB=CD 20200 - 20300 range and the target open T1-20000 T2-19900 SL 20500
Eichermotor Trendline BreakOn the verge of breaching weekly Resistance(Horizontal)
as well as weekly Trendline resistance, with
increased volume.
Can accumulate for long term
Eicher Motors: Completion of Wave PatternEicher Motors approaching resistance.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind,Jai Bharat.
EichermotYOU CAN ADD EICHERMOTOR IN YOUR BUY WATCHLIST.
Entry Price: 18501
Stop loss:18436
Target:19280
Eicher Motors Tech. Analysis Stock is on channel. Stock split news came up two days ago, and ADL also showing buying pressure.
Short EicherTarget 15500-15000. Cautious results on 12 June
It can make inside candle for 1-2 days and then move down. Consider call option selling.
EICHERMOTORRECOMMENDATION:- ON EICHERMOTOR BUY ABOVE @17200, SL@ 16900, TARGET@ 17845/18100
TIME FRAME MAXIMUM 3DAYS.
DISCLAIMERL:- * I'M NOT A SEBI REGISTRATED ANALYIST AND ADVISOR, YOU MAKE ANY TRADE WITH YOUR OWN RISK * NSE:EICHERMOT
EICHER MOTORS LOOKING BULLISH AFTER RETRACEMENTEICHER MOTORS
its looking bullish after some
Retracement around 16400-16000
Upside View @ 17250--18100
