EICHERMOT trade ideas
EICHERMOT | At an Important JunctureEICHERMOT | At an Important Juncture
Closed exactly at 2744 (Cube of 14) on 29/01/2021
Price took support of Middle Chanel (marked dotted) around 2725
14 period RSI at very important level (RSI = 50) and at trend line support
Supports: 2704 / 2653 / 2601 / 2576 / 2559 / 2526 / 2500 / 2451 / 2426
Resistances: 2809 / 2822 / 2863 / 2916 / 2944 / 2996 / 3025 / 3085
Bearish Engulfing Short SellI have Validated this trade with RSI and MACD i have mentioned two supports for the trade. you should short sell it.
EICHER MOTORS FOR 25 TH JANWHENEVER IT TAKING SUPPORT OF 50 EMA IN 15MIN TIME FRAME IT IS GIVING GOOD MOVES SO FOLLOW THE SETUP
Eichermotor 15 min Trend breakout This Idea is only for educational purpose
trade as per your risk
thanks
EicherMot- Descending TriangleNSE:EICHERMOT
Formations-
1. Stock has given breakout in Descending Triangle
2. Breakout Confirm by volume and candlestick
3. Support at 2870.00
4. Resistance near 2962/3000
Flag Pole structure in Eicher MotorsPost is for educational purpose only. Please consult your financial advisor before taking any trading decision. Always use a stop loss to minimize your risks.
Eicher MotorsTrade according to your risk appetite!
Happy trading :)
Do drop a like and support for more ideas!
Eicher Motors PredictionEicher Motors should be Bought With SL 2700 and Target 2900.
Eicher Motors had break his Swing High after Rejecting it First Time, Now Eicher Motors continue his Bullish Trend.
Eicher motor LongOn 24 Dec2020, Price broke the flag pattern at 2446 and reached the first target of 2616, now If we buy at price of 2777 then the target will be 3165 and need to keep the Stop Loss of 2393 based on 1:1 risk reward ratio.
N.B discuss your financial advisor before you take trade or invest
Stock analysis for tommorowlets see what happen guys tomorrow we have done our homework before market so let see in live market tomorrow
Eicher Motors : Rounding BottomRecent good sales numbers and the advance of 26% in Royal Enfield demand led the Eicher motor to recover from its 2400 Level to 2700.
Good Q3 results can lead it to further 2900 Levels on a positional basis for 2-3 weeks.
All levels with SL and Targets are marked on Chart.
DISCLAIMER: Please consult with your advisor before making any decision.
Rounding bottom formationStock is making rounding bottom above 200MA, we can clearly see volumes of bulls while formation of rounding bottom.we missed the stock near 2200 . Simple price action with 5% sl.
SHORT EICHERMOTNSE:EICHERMOT
Technical: Bearish Harmonic Pattern
Current Market Price: 2760.85
Expected Reversal Zone: 3000 TO 3029
Setup: We can expect EICHERMOT stock to show some signed of Reversal at the levels between 3000 TO 3029 as per the Bearish Harmonic Pattern. Do mark these levels as alerts in your System. And we are going to witness the Power of Harmonics. Targets will be updated once levels get active.
Harmonic Pattern: Trade are only on Reversal and you can find this Reversal well in Advance - Follow me here to experience the Power of Knowledge.
