Eicher Motor Daily TFTrading above the flag.
if closes and sustains above the flag line, we can expect a handsome upward move.
Flag target is 300 points.
SL 18 DEMA in yellow.
EICHERMOT trade ideas
EICHER MOTORS CMP 3532 DATED 10-10-2022 Bullish Piercing CandleEICHER MOTORS CMP 3532 DATED 10-10-2022
1. Bullish Piercing Candle on support.
Buy @ Cmp for target 3580-3620-3675-3700
3770 SL 3450
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
EICHER MOTORS BULLISHEicher motors is looking bullish. It is in momentum in monthy and weekly. Price has been retraced in daily and taken support of 50 EMA and now price is in upper half of BB.
Monthly upper bollinger band challenged.
Weekly in momentum
Daily MACD uptick with bullish RD
Weekly RSI is in momentum.
Daily RSI is strong
Stochastic PCO stat from overbought zone.
Eicher motors trend lineEicher motors rising with support of down side trend line
keep trend in chart before taking any trade decision
EICHERMOT Short, DOUBLE TOP!Attached: Daily Chart as of 11th October 2022
Price has confirmed the Double TOP Breakdown today as 3450 Neckline broken✅
Price also broke Trend Channel drawn from May Low✅
Downside Target has opened to 3240🎯🔨📉
Stop Loss above 3450
eicher motor- outperformering market~Daily, Weekly and Monthly chart is bullish.
~The stock and sector is out performing to nifty.
~Available again at attractive level.
Breakout in EICHER MOTORSBreakout in EICHER MOTORS in Daily and Weekly timeframes.
Entry: 2706
Targets: 2820 and 2960
DISCLAIMER: The ideas shared are only for educational purpose. I am not SEBI registered.
EICHER MOTORS ready to go to 5000!!! Great base formation.Look at the great inverted H&S. It's time to add Eicher motors in your portfolio and sit tight!! NSE:EICHERMOT
BASIC CUP& HANDLE PATTERN_EICHER MOTORSHi,
I have shared Eicher motors weekly TF chart. here, we have found the clear CUP & HANDLE pattern...
pattern is shared only for educational purpose.
Eicher motors LONGAscending triangle 🔺️ Breakout..
Retesting of Breakout Completed...
Positional call
Buy CMP
Target 3697
SL 3131
For education purposes..
EICHERMOT on 15min time-frame analysismultiple time has been tested the demand zone if it has been broken then you should find the good candle stick then you have to take the entry in this trade..!
EICHER motors Investment IdeaEicher motors Investment
Stock is giving breakout from its 2017 highs almost after 5 years so one can add from cmp 3460 to 3050 for target of 4444/5555
with stop loss of 2665
Eicher short term BreakoutAs we all seeing good up move in AUTO sector Maruti, TVS, M&M already performing good. But Bullet king yet to perform
I think breakout above this trendline can give good upmove till 3044 to 3220 with stoploss of 2735 closing basis
POLE & FLAG + MULTIYEAR BO (EICHER MOTORS)EICHER MOTORS
On Monthly Basis Time Frame the Stock has given a Good BO in the Month of JULY of Pole & Flag Pattern on Chart and also a Good Multiyear BO on Weekly Time Frame & is in process for Monthly Time Frame (Close above 3348 on Monthly Time Frame will be done in current August month)
So as per Chart the Stock looks Good for Medium to Long Term Position as per the Levels given below:
CMP - 3367 or BoD 3000
Target 1 - 3906
Target 2 - 4464
Target 3 - 5022 +++
SL - 2580
Time Frame - Medium to Long Term for final Tgt
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
eicher motor selling trade setthe overall markets are showing red signal .
some stocks may show short term correctioin .
eicher motor was in a rally and now it can also show some little correction .
trade;
if the channel breaks on downside ,we can do a sell trade .
targets should be 20 ema as per my view .
rsi also shoung a turn downwards.
Looking good for higher targets!If manages to hold on to the Parallel lines support on closing basis, expect a new ATH very soon. 790 is the only hurdle in between.
All set for huge returns!There's no stopping at all. As long as 3150-3275 holds on WCB, enjoy the rally and wait for 4000+ soon! :-)
Eichermotor swing trade fib levels (learning purpose)* For best results, always let the hourly candle close above the entry point.
* 2 rupees minus the 3rd target is safe to book profit as the 3rd target would always face selling pressure.
* If the price makes it to a comfortable hourly close above third target, we can aim for the 4th target as well.
* We may also trail our stoploss while the price moves forward to secure our capital and profits.
EICHER MOTORS WEEKLYEicher motors giving strong moves on weekly chart breaking downtrend line and giving breakout on Bollinger band too
Cause of long
1- Breakout on downtrend line
2- Breakout on Bollinger bands too
Eicher motors head and shoulder pattern on monthly time frameEicher motors head and shoulder pattern on monthly time frame
EICHERMOTEicher motor is near to all-time high, which will attract you to keep eye on for long-term investment or swing trading if we get a strong break out like M&M.
