EICHERMOT short levelsDeep crab executed Short 17835 .70 Twice, so the next level for short is at Alt Shark and AB=CD 20200 - 20300 range and the target open T1-20000 T2-19900 SL 20500
EICHERMOT trade ideas
Eichermotor Trendline BreakOn the verge of breaching weekly Resistance(Horizontal)
as well as weekly Trendline resistance, with
increased volume.
Can accumulate for long term
Eicher Motors: Completion of Wave PatternEicher Motors approaching resistance.
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EichermotYOU CAN ADD EICHERMOTOR IN YOUR BUY WATCHLIST.
Entry Price: 18501
Stop loss:18436
Target:19280
Eicher Motors Tech. Analysis Stock is on channel. Stock split news came up two days ago, and ADL also showing buying pressure.
Short EicherTarget 15500-15000. Cautious results on 12 June
It can make inside candle for 1-2 days and then move down. Consider call option selling.
EICHERMOTORRECOMMENDATION:- ON EICHERMOTOR BUY ABOVE @17200, SL@ 16900, TARGET@ 17845/18100
TIME FRAME MAXIMUM 3DAYS.
DISCLAIMERL:- * I'M NOT A SEBI REGISTRATED ANALYIST AND ADVISOR, YOU MAKE ANY TRADE WITH YOUR OWN RISK * NSE:EICHERMOT
EICHER MOTORS LOOKING BULLISH AFTER RETRACEMENTEICHER MOTORS
its looking bullish after some
Retracement around 16400-16000
Upside View @ 17250--18100
#NSE Eicher motor - Good reversal, heading for 18250Eicher consolidated a lot near 12700 - 14700. Strong breakout!
Eicher Motors () Next What? Eicher Motors () Next What?
A Great example of this is Eicher Motors which recently broke down below support at 12500 levels and has quickly reversed to start the week. As Long as Prices above 14800-14900 Levels , then this squeeze thesis is intact and any weakness can be bought with a target near 17000-17500 if it breaks then it will retrace it to 14000 odd levels again
This also fits into our broader thesis surrounding Auto stocks, which continue to show a ton of relative strength as a group.
Donachian Level Lower Level 12855 , , Basis 13987 which is stock is above trading at current levels if breaks can go long up Upper 15120 and breaks then 17000 Levels to which will be next resistance levels
If Breaks 15000 Levels then it can re test 14000 Levels soon
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EICHER MOTORSH&S pattern on Monthly scale with heavy downward momentum, looks like there is still more pain left for Eicher.
The last 3 candles are formed with good volumes and today’s Eicher Motors has been into a consolidation zone forming a triangle. The last 3 candles are formed with good volumes and today’s session managed a close above the MA. RSI is sloping up after bouncing from 40 levels. A strong breakout from the horizontal level will be positive confirming accumulation.
eicher motors head and shoulder patternlooking like a head and shoulder pattern in eicher motors on weekly chart. please comment your views on this.
EICHERMOT is consolidating for a Month !This stock has been consolidating between 12600 and 15000. now it is approaching 12600 levels. if it revers from here it can give return upto 20%. otherwise it may create fresh lows.
Watch it for breakdown or Bullish reversal patterns !
Eicher Motors Long, Weekly AnalysisNSE:EICHERMOT
EICHER MOTORS Weekly Elliot Wave Analysis
Sometimes a fifth wave could be weak and end without reaching the end of the third wave. A situation like this calls a 'truncation', which we could face at the fifth wave of an impulse or ending diagonal. It's pretty rare if even possible to have a truncation in a position of the fifth wave of a leading diagonal. Usually, a truncation happens after a really strong third wave.
Most often in Stocks we can see a Truncation in the 5th wave.
What a Magnificent Rally it was from 124.90 to 33480 odd levels.
eicher motor on support Eicher motors looks good on support. We can see it going upside if it makes reversal apttern on support
Tvs Motors#Fresh View>>>
#TVSMOTORS trading above the resistance level and now stock can move towards 340/360/370 levels with support at 325.00 level.
#TA
