A LONG SWING TRADE TF+1(DAILY), TF(75MIN) IN DAILY TIME FRAME STOCK HAS Start PICKING SOME Momentum WITH RISING AO AND MACD Divergence IN 75MIN TIME FRAME RSI (3PERIOD) IS @OVEROLD AND Stochastic Oscillator Divergence CAN BE SEEN WITH RISING LEEN
All levels are mentioned on the chart. Please follow chart guidelines. DISC: Please consult your advisor before making any financial decision.
NSE:EICHERMOT Observations: 1) On 1 week time frame, it has come above the resistance channel and closed above it. Please refer below chart : 1 week time frame. Now make or break range is 2780-2800 range. Sustainable breakout of this range will give good up move an if it fail to do it then it can come down to retest again this resistance channel. So...
DON'T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Book profits within the first 30 minutes of the market opening - Try to exit by taking 3-5% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA - SL can also be maintained as 1% or closing below the low of the breakout candle The levels mentioned on...
NSE:EICHERMOT One can go long on Eicher , Wait for Weekly Close or DAy Close, SL below Candle or Tednline
EICHERMOT- looking strong. Can cross 2700 if another strong buying session happens. 2500 is key to watch. Below 2500 , can consolidate lower.
Eicher forming a parallel channel but taking a support at trendline breakout.. So for few days we can go long and our stoploss is channel breakout.
If Retest successful then buy long time. if break 200 EMA & Support then leave. wait & Watch
Eicher motors has taken resistance from a trend line. On a 4 hour time frame, the 20 and 200 ema has converged and a bullish candle a weekly time frame shows some bullish trend. Support:- 2570, 2455 Resistance:- 2720, 2760 Wait for the trend line break out and 4 hour moving averages cross over. Swing and intraday trades can be initiated on this setup. Wait...
This stock break the triangle pattern and also get retested. we can expect 4% to 5% of up move in short term.
Swing trade, Breakout stock, Banknifty Intraday Outlook also posted here. Disclaimer - Trades are only for Learning. StopLoss is only in our hand. So, Always use it. StopLoss hit exit. Again you will got fresh trade.
Keep it in your radar , trading inside a triangle pattern .
Eicher has perfectly respected it 200 ema and a resistance level of 2570, The stock is trading between its 20 and 200 ema on a daily time frame. The stock has tested its level several time and if a candle close above the level of 2570 on a hourly time frame it can move further up. Support :- 2450, 2350 Resistance :- 2570, 2650 If the stock will break the level...
EICHERMOTORS - This could go low further below 2490. If another decisive selling session happens, this will go into downtrend for few days.
A nice bullish chart pattern is visible in EICHERMOT. One can create a positional long in this counter. Note : for educational purpose only.
As we see ASCENDING TRIANGLE break in the EICHER MOTORS. we can go long by keeping our stoploss below 200ema.
NSE:EICHERMOT Eicher Motors Limited, incorporated in 1982, is the listed company of the Eicher Group in India and a leading player in the Indian automobile industry and the global leader in middleweight motorcycles. Eicher has a joint venture with Sweden’s AB Volvo to create Volvo Eicher Commercial Vehicles Limited (VECV). VECV is engaged in truck and bus...
In today's session look at Symmetrical triangle pattern in EICHERMOT. According to this pattern expected target is 2730+ in 1D timeframe.