Eicher motorEicher motor weekly chart butterfly pattern also monthly chart butterfly pattern. Double bottom pattern.
EICHERMOT trade ideas
Eicher Buy 2872 SL 2852 TGT 2913Please use trendlines for resistance and support. Do your analysis before taking any trade.
Eicher Buy 2867 SL 2842 T1 2887 T2 2897 T3 2909Please use trendlines for resistance and support. Do your analysis before taking any trade.
Intraday All time high break at 15 min time frame all time high break with fix sl no trailing 1:2 risk reward fix
EICHER MOTOR - RIPE FOR A MOVEVIEW :-
POSITIVE
DISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
CONSOLIDATION RANGE BREAKOUTOn the daily chart, the stock has witnessed a “Consolidation Range” breakout around 2900 levels indicating resumption of earlier up move
The stock is well placed above its 20, 50 and 100 day SMA’s which reconfirm bullish sentiments Rising volumes at breakout zone signals increased participation
The stock is in up trend forming a series of higher tops and bottoms
The daily and weekly strength indicator RSI is in bullish mode which supports rising strength as well as momentum.
The above analysis indicate an upside of 3080-3150 levels Time period is 3 to 4 weeks.
Eicher Buy 2950 T1 2972 T2 3032Please use trendlines for resistance and support. Do your analysis before taking any trade.
EICHER looks good for more upside 🚚I have mentioned important trading levels for EICHER MOTORS
- Trendline breakout but volumes not satisfactory
- It might retest the trendline and then begin the upward journey
Eicher Buy 2852 TGT 2884+Please use trendlines for resistance and support. Do your analysis before taking any trade.
EICHER MOTORS
Target:- 3256
Stop Loss:- 2813
Duration:- 8 to 10 Weeks
The stock has already break the resistance line and test that resistance point again and used that as a support, showing a bullish candle, which is an indication of upside move. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave step by step.
Eicher Buy 2795 T1 2840Please use trendlines for resistance and support. Do your analysis before taking any trade.
Eicher Buy 2906 T1 2921 T2 2934+Please use trendlines for resistance and support. Do your analysis before taking any trade.
Bullish?1. weekly and daily chart as you see making higher high,
2. stock nearly first quarter high in monthly time frame.
3. nifty50 already life time high.
Intraday Trade in Eicher Motors for 17th Sep 2021Buy Eicher Motors above 2850
Target 2985 / 3000
Stoploss 2820
Eicher Buy 2851 T1 2868 T2 2878 T2 2888Please use trendlines for resistance and support. Do your analysis before taking any trade.
