EICHERMOT trade ideas
Swing Trade Eicher Motors AnalysisEICHER MOTORS stock analysis for swing trade
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Analysis is shared here is only for educational purpose.
Please consult your financial advisor before any trade.
We are not responsible for your loss.
eichor motoros looks good for long good risk reward ratiolooking good for long
educational purpose only
take a trade after your own analysis
Eicher motors long trade mid termEicher motors long trade mid term NSE:EICHERMOT SL 2460 enter upto 2620 Targets- 2975,3175,3375
EICHER MOTORS LONGDaily chart of Eicher motors shows double resistance breakout plus double bottom formation
Auto Sector shows breakout too
Overall market seems strong till 17620 levels atleast
Can enter @2570 after a healthy retest with target around 2743
Main strict SL @2546 closing basis as there is chip shortage going on in auto sector.
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Simple Trade Setup | EICHER MOTOR | 03-01-2022[INTRADAY]NSE:EICHERMOT
Observations:
1) On 1 day time frame, it is below 200DMA and it gave good up move from 50DMA.
200DMA is immediate resistance and 50DMA is immediate support.
500DMA @ 2542.36 and 200DMA @ 2620.84
Please refer below chart : 1 day Time Frame.
2) Also On 1 day time frame, we can see formed perfect double bottom pattern and we can also see now next major breakout level is 2620.
Please refer below chart : 1 day Time Frame.
3) On 1day time frame, it has reached till the top line of resistance channel.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date: 03-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
EICHERMOT | Trendline breakout - Looks potential for 15%EICHERMOT | Trendline breakout - Looks potential for 15%
CMP : 2590
SL : 2520
Target : 2990
1:3+ risk reward setup
Can expect target to reach within January 2022
Multi pattern breakout in Eicher MotorsEicher motors gave a breakout from the falling wedge and the double bottom pattern that it was forming. The stock is currently taking support at its 50 and 200 ema and can be good upside potential in the near term with the possible targets being marked on the chart.
EICHERMOT SHORTI hope you can now see how EICHERMOT represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Eicher Motors - LongHi Everyone,
Eicher Motors (one hour chart), Inverted H&S pattern appeared. And price close above the R1 and Nick line. So a bull run is possible.
Note: kindly do your own analysis before making any trading decision.
Regards,
Ivy Venture,
Research Team.
Eicher Motor-Ready for boom , made bullish hammer todayReady for boom from here..
made bullish hammer today.
EICHERMOT. May find supportNotice the RSI divergence. But this is coming when the stock (and the market) is bearish. Also, the RSI is ranging from 20-60, and not 40-80. So, I would say the support for EICHERMOT will be near 2015 thereabouts, rather than 2305.
EICHER Motors Important levels for long term investmentEICHER Motors Important levels for long term investment
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Eicher Motors - Multi touch demand zoneEicher Motors is in it's strong support zone which was earlier a resistance good. good buy for long term.
Fundamental story 300cc EICHER MOTORFundamental story of 300cc EICHER MOTOR (A big fish in small pond).
eicher motor triangle tradeif eicher motor break triangle pattern in upside then we can see 2491 = 2% trade
target 2567 3.30%
EICHERMOTORS_ACCUMULATION SPOTTEDEichermotors trading in a range and seems to be trying to move upside.
One can go long after breakout of this range with volume.
(FOR EDUCATIONAL PURPOSE ONLY)
Eicher motor short term for sellTrade based:
Weekly head and shoulder pattern formed and braked.
In day tf support braked and now it was retesting, when once it done we can expect some fall in this script
eicher motor triangle tradeif eicher motor break triangle pattern in upside then we can see 2491 = 2% trade
EICHERMOTOR- Falling ChannelWhy this Trade..??
1. FALLING CHANNEL
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Short Candidate, Beakness continues...Follow Blue line. Tgt 2404 - 2366 #bearroar #falling #simplechart
