EICHERMOT trade ideas
Eicher Motor October Break OutEicher Motors can touch 2600 in coming weeks. Closing above 2200 will take it towards 2600++.
Refer chart for further details.
Please do not invest blindly. This is my personal view. I may be wrong. Before investing, please take advise from your advisor.
if eicher motore break 2180 to go short and break 2280 if eicher motore break 2180 to go short and break 2280 to go long
Eicher motors: Good stock for buying but needs confirmationsEicher motors has come up a long way from recent bottoms. It is still a strong candidate but needs confirmations.
Scenario 1:
It can retest its support bed (although week) range 2012-2065. If we see strong rejections from bulls then we can enter the positional trade.
In this case the trade should be placed as follows:-
Entry: 2050-2100
Target: 2400 - 2900- 3168
SL: 1990
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Scenario 2:
If it breaches its current monthly resistance placed at 2201 strongly with larger candles going beyond 2250, then the trades should be placed as follows:-
Entry: 2273
Target: 2400 (we need to again check for further target confirmation going towards 2900- 3168)
SL: 2200
Keep following for the confirmations
Looks good above 2280 for 2640 and 3200Looks good above 2280 for 2640 and 3200. However it might travel in this range or channel for sometime. Any clean closing above 2280 is sign for entry with SL of 2020.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
[Intraday] Eicher Motors Channel BetShort if it breaks. I will skip if long triggers and also will hold only intraday because 1st is Auto data.
Eicher Motors 1D ShortA recent Head & Shoulders Pattern was formed on daily charts supported by Volumes on Left Shoulder and Head.
Short at 2050-2150
Target1 1816.75 (Fib 50% correction of rally from March Lows)
SL at 2260 (Right Shoulder)
Risk:Reward 1:3 (110:333.25)
Updated Post on Next Move The idea of trading an Hypothesis of wave theory is to have Guided method in taking proper decision during live trade
Which of the following Guidelines have already met ? which are in Process ? and what should be the course of action ,
Many Just read some books and View Some YouTube video to take decision without knowing complete system ,without understanding risk factors
those who are posting in YouTube video Maximum are trying their best to convince you what they know , but how many of them have taken really a live trade and
shown you what is the confirmation ? what exactly the action course ? , where the person can take decision without any fear ,
the answer to these Questions even 99% of You tubers dont know
Complete performance based education is not easy , its very difficult the trainer, latterly trainer will cry during 1st stage of training
because he or she has to undo all mis-understandings in trading stocks for New learners in stock trading
Good luck people , trade only with daily reversal , dont rush
EICHERMOT is Running in SR Trendline (Strong Breakout Trade)Eicher Motors Limited : Commercial Company ( NSE:EICHERMOT ) is Making SR Trendline Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
about to do something big!the price has been consolidating for a while and now at its core levels. enter appropriately as and how the market reacts . but enter only with a very minimal stop loss as the momentum could be high
EICHERMOTORSIm not an expert im just sharing my views on EICHERMOTORS for tomorrow
Im not responsible for any profit or loss this is not a recommendation
Parallel channel broken towards upsideDisclaimer:
The content of the idea are solely my personal views which is purely intended for educational purposes and hence urge traders to make their own trading decisions based on their own trading knowledge.
It has broken the long bearish parallel channel and is now trading in a new channel from where it should move up in a long term. You can see the same thing in the monthly chart as well. Please feel free to share your inputs.
EICHER MOTORSDisclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position.
[Buddha] EICHERMOT Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
