Long Eicher Motors; Target 2780-2800Price Action shows buying in Eicher motors can buy for target of 2780-2800 in 1 week
EICHERMOT trade ideas
Eicher MotorsCan buy for short-term as I see reversal in the daily charts.
CMP 2596
Stop Below 2440
Target 2700 / 2800 / 3000
EICHER MOTORS SWING TRADING 1H LONGtarget see on this image
target 1 and 2 easily ... then target 3
why buying ?
answer:- as per one hour candle his breakout with volume and rsi divergence also.
trend line break out (red color see on image)..
# patience is the key for success..............
EICHERMOT LONG• Channel since May 2020.
• Stock at Big time support.
• Has the support of 200-day Exponential Moving Average.
* Educational Purpose Only *
NSE:EICHERMOT
EICHER MOTORS Guys honestly tell me how many of you thought that "I might have entered at bottom and i have got maximum profit!" Don't worry now it's your chance to buy eicher motors at support levels. BUY EICHER MOTOR at CMP for Target=3000 SL=2400 holding period more than 1.5-6 months. ( Trade according to your own risk I am not responsible for any losses)
Bullish Harmonic BAT Pattern visible for Eicher MotorsBullish Harmonic BAT Pattern visible for Eicher Motors. Price has already reversed from PRZ and position can be made with SL. Take you call.
Let me know if you found this helpful.
Regards
Ahmed
EICHER MOTOR POSSIBLE BOUNCE BACK FROM SUPPORTDaily timeframe support, Price action is given, Only invest after trend confirmation and other indicator confirmation and exit if support range is break
Eicher Motors - Important levelsEicher Motors is hanging around the trend line. People can go short but it has an immediate support zone from where reversal may come
Eicher Motors : Fibo Retracements and support levelsEicher motor is again at support retracement levels of 50% Fibo.
2 Gaps have been created on the chart and the price is ready to fill the gap. The stock has been rewarding in long run and continues to be in the coming times.
All levels are mentioned on the chart.
DISC: For educational purposes only. Please consult your advisor before making any bet.
Eicher motor short buildup ended sooneicher motor come to support zone if support not broken a next upside movement is possible otherwise a huge fall may be done ,in my expectation most of the time support 2510 will not broken , as now the down trend target is 2510 ,so wait be a patient
