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
EICHERMOT trade ideas
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
Buy between CMP to 2500 SL 2330 TGT 3000 to 3500Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Watchlist stock -- Eicher MotorsFormation of Inverted Head&Shoulder pattern on weekly chart. Stock may give entry opportunity for a long trade.
Thanks. Cheers. :)
NSE:EICHERMOT Triangle BONSE:EICHERMOT
#EICHERMOT formed descending triangle and trying to BO.
All the key levels marked on chart for reference.
Do reach me in case of any queries.
EICHER MOTORS SHORTNSE:EICHERMOT has made a double top with a swing low ( higher low ) on daily timeframe we would see a drop in auto sector since then.
