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.
EICHERMOT trade ideas
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
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.
EICHERMOT JACKPOT CALLAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.