Eicher motor may break channel and touch 3660. Keep watch for swing trade.
Strong 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 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.
Looks like Eicher Motor will take support near 3100 level, lets see
Eicher 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...
EICHER MOTORS On Daily Aggressive Entry Above 3417+ Safe Entry Above 3480+ SL BG
EICHER 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...
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.
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...
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.
closed above 30DMA 3356.47 with increased volume. big cash reserve. negligible debt. quarterly result in line...
Eicher 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.
In 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.
Stock ready for a small bounce up at the break of the orange plot .
EICHERMOT 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.
EICHER MOT broke out of descending channel pattern on an hourly charts with decent volumes. Could be bought with mentioned stoploss & target.
INTRADAY 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..
The 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.