Swing trade... 1D Education purpose onlySwing trade.... Breakout of triangle.... Ready for target of 5% only.
Note :- Education purpose only...
Not an advice to buy.
Thank you......!
EICHERMOT trade ideas
Swing trade opportunity: Eicher MotorsEicher motor may break channel and touch 3660. Keep watch for swing trade.
Eicher Motors - Strong Breakout from Consolidation ZoneStrong breakout after one month consolidation
Entry opportunity on pullback
entry level - 3450-3460
Stop loss - 3200
1st Target - 4000
Final Target - Hold till sign of weakness
EICHERMOT appears to be displaying a robust bullish trend.EICHERMOT successfully broke free from a major downtrend, signaling a pivotal change in market sentiment. Subsequently, it proceeded to establish an encouraging uptrend pattern in the minor trend. Today, with a decisive breakout following a brief pullback, the stock has sent an unmistakably bullish signal that is difficult to ignore.
Eicher Motors is on its way to create a expanding channelEicher motors, after completing a head and shoulders pattern on daily chart, now on its way to create an expanding and ascending channel. Presently a trader can catch the movement upto its upper channel wall. i.e upto approax 3600 price level, after which , it may return to the lower channel wall to 3400 price level. However this is not a trading recommendation and only for educational and analysis purpose.
Ascending Triangle Pattern Reversal in EICHERMOTEICHER MOTORS LTD
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Ascending Triangle Pattern.
📊 It can give movement upto the Reversal target of Above 3460+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 3740+.
📊 Can Go Long in this stock by placing stop loss below 3255- or last swing Low.
Eicher Motors - Revision in levels
As seen in the last trading 3374 support was broken and it took support at 3368. But, weekly swing high is 3348. Now, adhere to this level only. If it bounces back, then only buy otherwise don't be long unless it retraces back from this level.
Please refer to my previous discussion on Eicher Motors.
Eicher Motors - Live Market Analysis
Best time to buy with stop loss of 3374. As per Gan, when price enters third circle, that is the best time to buy with low of Ist circle as the SL.
IH Chart.
Marked is angle in sky blue color with base as the trendline adjoining highs of previous swings marked in red diamond. In the making is "W" patter, which is bullish in nature. Price is above 200 and 100 SMAs, which is again bullish in nature. Moreover, Rounding Bottom marked in white.
Either buy today with the SL mentioned above. or wait for 3412 to be broken on 11th of August.
This is just for educational purposes. I am not a SEBI Registered Analyst. Please consult your Financial Advisor before making any decision.
Eicher Seems Bullish 🐂As seen in the chart, we can see that Eicher is consolidating from past 60 day between the price range of 3300-3400. Fastive season is coming, soo there are chances that it might go up📈. That my thoughts 💭. Share your opinion with me.
EICHERMOTclosed above 30DMA 3356.47 with increased volume. big cash reserve. negligible debt. quarterly result in line...
Eicher MotorsEicher Motor looks good to go long from here. SL will be small compare to the marked targets.
This a large cap stock so momentum can be slow. Keep your time horizon long.
EICHERMOT - Weekly AnalysisIn the Weekly Chart of EICHERMOT ,
we can see that, it has formed a Bullish Hammer Candle & very soon we might see a Cup and Handle Breakout.
Enter on breaking its HIGH with LOW as SL.
B U L L E T R A J AEICHERMOT broke out of ascending triangle pattern as well as rounding bottom on an hourly charts with decent volumes.
Could be bought with mentioned stoploss & target.
E I C H E REICHER MOT broke out of descending channel pattern on an hourly charts with decent volumes.
Could be bought with mentioned stoploss & target.
EICHERMOTOR 1HRINTRADAY TRADE
EICHERMOTOR Looking good for upside..
When it break level 3357 and sustain.. it will go upside...
BUY@ 3357
Target
1st 3370
2nd 3382
EICHERMOT JUL FUT – 9 LOT (Qty-1575)
MINIMUM 10L CAPITAL
Enjoy trading traders.. Keep add this STOCK in your watch list..
Investor are welcome..
EICHER MOTORS - BUYThe following trading idea shared is for informational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or hold any particular stock.
Swing Trade opportunity in EICHERMOT
Will wait for stock will make ATH.
EICHER MOT 17/07/23Levels according to me
For Education and training purposes
Any views about this are welcome
TAKING SMALL RISKS ON THE BASIS OF PRICE ACTION
Eicher motors -ReversalWe can expect sharp and quick 100 point momentum in eicher motors in a day or two.
Eicher Motors 🚚 Swing TradeEicher Motors has experienced a downward trend over the past few days, but has recently shown signs of support with a strong bullish candle. As a professional trader, we can consider taking a swing trade by going long on the open of the next candle.
To mitigate potential losses, we will set a stop loss below the support zone with a reasonable buffer. This will help us exit the trade if the market moves against us.
In terms of our target, we will aim for the next resistance zone as marked on the chart. By doing so, we can potentially profit from the uptrend that we anticipate.
As with any trade, it's important to exercise caution and make informed decisions. We must always be prepared for unexpected market movements and adjust our strategy accordingly.
Thank you for considering this trade idea. If you found this analysis helpful, please like and follow me for more insights in the future.
EICHER MOTORS BUY SETUPRunning flat forming in this stock look for breakout of c wave, find a entry to get long.
