EICHERMOT trade ideas
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.
SwingLong#EICHERMOTOR looking good for long. Will consider buying if it trades higher on next session with a #SL of 20500 DCB.
Eicher Motors Long @ Rs. 19510 NSE:EICHERMOT
Entry 19510 & 18450
Target 22090
SL 17925
Eicher Motors is currently trading at 19860 . Price is above the DZ , Long at Rs 19510 which is above the daily DZ
and add the same qty at Rs 18450 if prices reaches at that level, there are two DZ formation so price may reverse
from the any of the zone. SL is Rs.17925/-
EICHER MOTORSThe stock has formed Bullish Harami pattern at support of 200 day moving average. We can go long above 20500.
TGT- 21000/21300/21700. SL- 19750.
eicher motor - coming to long positionThough this stock has proven wrong to many fundamental as well as technical experts wrong, i feel its giving opportunity to enter in it,
levels on chart
Eicher Motors looks weakSell Eicher Motors @CMP 23090 for the targets of 20000 and 19500. SL would be 24190.
Happy Trading!
Rachit
EICHER MOTORSAfter a upgrade by rating agencies Eicher motors has crossed over from a downward channel.
IT is a BUY
EICHER MOTOR TRADING IN CHANNEL PATTERNAs per channel pattern 20000 can be act as resistance on weekly basis
