Eicher Motors-Looks goodEicher motor looks good for short term move of 12-15%. Moving in a harmonic triangle pattern and on the verge of breakout.
EICHERMOT trade ideas
inverse head and sholuder pattern + long term trandline breakinverse head and sholuder pattern + long term trandline break
buy above 2740 sl 2696 target 2800-2840
Bullish Flag pattern - can break anytime for new high ?BULLISH FLAG PATTERN
Can go upto given levels.
eichermot : technical flag breakout buyEICHER MOTORS : CMP 2731.80
trade setup :
1. buy above 2735
2. keep stop loss as 2644
3. targets 3037/3200+
technical buy based on :
1. bullish flag pole pattern
2. volume accumulation
3. time frame 1 to 2 months
Eichermotor 1d chart analysisMy personal view on eicher motors.
As eicher motors shows a good rally after breakout. it shows again a Bullish continuation Poll & Flag pattern.
If this pattern fails it can retest its previous supports.
Eicher Motors : Resistance Breakout and pending GAP FillingEicher Motors :
Good Resistance Breakout
GAP Filling Pending !
Support at 2685
'EICHER MOTOR' intraday opportunity for 18th June 2021The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade.
Eicher Motor In symmetrical triangle chart patternsA symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend.
For Educational Purpose Only
