EICHER MOTORS NSE:​EICHERMOT

As per charts.

levels mentioned in the chart!

Buy with aforesaid stop loss

Long if it breaks the high of the previous day with a stop loss at the previous day's low. Short if it breaks the low of the previous day with a stop loss at the previous day's high. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...

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Bounce

Follow the mentioned level

Good buy for short term

exp on chart..

Buy EicherMotors on dip with SL of 19700 and target of 20203.

Weekly probable range

Boys, Sometime switch chart to log scale. Not going to type whole story here. Ask me questions or give your feedback.

Pole and Flag Breakdown on Daily Chart

Keep Shorting Eicher Motor for Monday. Buy 2000 PE @ 350. T1 is 550

NSE : Eicher motors heading for 16K Short Eicher motors below 22000, for a target of 18806 and 16364 or below. Stop loss level 23767 Use stop loss

Reasons for Sell 1. Eicher formed Bearish Marubozu today on daily charts 2. Next Support is seen around 18200 Levels. 3. Resistance between 19250-19500 4. RRR is around 2 which is good 5. Selling with strong volumes. 6. Risks: 1. Stock is already in down trend 2. RSI at 26 indicating oversold thus chances of reversal. Trade is at Confidence level...

Now this one is making an consolidation , now i am looking to go Long only if daily close is strong and brakes the 20900 , i am not sure weather this is the low from where it will turn and move up , or it will keep moving down ward side for another small drops and then turn , either way i am looking to go long only on strong close on daily there is divergence...

TRADE FOR NEXT 1 FEW DAYS: SELL EICHERMOT (Eicher Motors Ltd) 19900