EICHERMOTORSnifty auto looks impressive , keep an eye on this scrip for target of 3220 with sl placed at 3005
EICHERMOT trade ideas
EICHER MOTORS -15minEICHER MOTORS Looking good for downside..
When it break level 2922 and sustain.. it will go Downside...
BUY EICHER MOTORS@ 2922
Target
1st 2904
2nd 2891
Enjoy trading traders.. Keep add this STOCK in your watch list..
Investor are welcome..
BEARS RIDING DOWN EICHER MOTORS ???!!!Chart patterns does insist me to go with opinion stated above.
Reasons:
1. Eicher motors is travelling (and respecting) in different patterns .
2. June 2022 , Eicher motors broke out of major triangular pattern and rose to about 35% .
3. Monthly(November 22) candle - Bearish engulfing candle , Oct 2022- Hanging man candle confirming the Bearishness.
4. It is also travelling in a ascending channel pattern (as you can see it is currently in the down move inside the pattern).
5. Stock has given Breakdown(11 nov candle) with superb volume out of a trendline.
6. Head & Shoulders pattern in Daily time frame and given breakdown on 2 Dec with good volumes.
7. Target & SL levels mentioned in the chart...
I can show things separately and clearly in weekly daily monthly charts...but trading view allows only members who have reputation of 10 (or paid ones) to use that feature while publishing ideas.
Soon I will earn that 10 points .
Sorry if chart looks so congested....Feel free to ask if there is any confusion.
Let's wait and watch how it moves!!!!
Note - Just Sharing my view...not a tip nor advice...
EICHERMOTOR retest after breakout EICHERMOTOR retest after breakout we can ride it for more then 80% gain think to accumulate in your portfolio..
EicherMotor Strong Order Blocks at 3039EicherMotor Strong Order Blocks at 3039
Let us see what happen
Echer motors monthly chart breackdownThe india one of the Auto stock eicher motors is the monthly chart breck-down, This is show the long term trend is the negative. If you are invested in the long term basic this is the very important
eicher motor looks weak 50 day EMA has crossed 200 EMA downwards
12-26 ,50 -100 MACD line are below signal line and zero
targets and stop loss are indicated in figure
wait for restesting of EMA as resistance before shorting !
EICHERMOT✅ Price now come to Support Zone 2965-3031, and This zone also tested Multiple times.
✅ On 2965-3031 Level look for a strong Reversal for a proper Entry like Double Bottom on Hr.ly TF.
Eicher Motors Double BottomEicher motors has fallen from its high by about 20% and we may be looking at a double bottom reversal as it rests on the 200EMA.
According to option chain data, 3100 is a strong support.
According to Multi strike OI, calls graph is falling which shows a bullish Singal and puts graph is rising which shows an even more bullish signal.
Targets of T1 and T2 with stop loss below 3050,
safer traders can wait for the break of the trendline but it may mess up the entry price
Keep It Simple
EicherMotorsEichermotors has given a IC breakout on daily time frame and on hourly timeframe it has already given a breakout of falling trendline resistance. As long as latest swing low is protected, looks like a good setup to go long here
Eicher Motors expected to give short rallyThe share is at support level. A small relief rally can be seen.
Parallel support and resistance lines are shared.
EICHERMOT BEARISHEICHERMOTO Closing 3131.05 with stoploss 3190 then targets are 2810.
SELLING REASON.
1 --> Price Closing Below 200 EMA.
2 --> RSI is Break level 40 and Closing Below 40.
3 --> ADX is show the Bearish move and -DMI is Rise.
4 --> Volume is also show the Bearish move and Breakdown move Confirm.
5 --> Bollinger Bands Open in Negative Side.
Eichers Motors Getting ready For Long Ride Eichers Motors Weekly time Frame 50 ema Giving a Good Support
And Fib Levels is on 50%
RSI is also Not Week
Keep IN radar
EICHERMOT | Trendline + 200 EMA - High probable setupEICHERMOT | Trendline + 200 EMA - High probable setup for trend reversal
Eicher Motors- Triple Bottom BreakoutEicher Motors has formed Triple Bottom Pattern on Daily Chart.
Volumes Increasing
EMA 20 & 200 ready to expand
Support- 3200
Resistance- 3500/3800
Buy Call above 3320, SL 3326, Target 3450IN 2 hour chart, Moving average 40 is below Moving average 20, and the price of the Eichermoto has crosses the golden cross with more volume.
So we can buy if the value reaches above 3320 with Target 3450 and SL 3326
Buy Call above 3320, SL 3326, Target 3450
Eicher Motor : I am bullishI am bullish and expecting an up move from Eicher Motor. I am looking for 3 target areas as mentioned in the chart. Please note, this is not a recommendation. Please trade with your own research and responsibilities.
IS EICHER MOTORS READY TO FLY TO NEW ALL TIME HIGH??Trade Wisely. We Can Just Predict.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
EICHERMOT2 weeks of Confusion
Will we get a trending move this week
Keep an eye
Resistance at 3275
Support zone at 3060-3029
Add to watchlist
BREAKOUT IN EICHER MOTOR (long)Buy at CMP
sl-- 3135
target -- 1:2.5
For educational purpose only , NOt a finencial advice.
Eicher Motor break outEicher Motot inside candle break Out...
Keep add this in your watchlist..
It will go upside...
Eichermot looking good at 3200Eichermot looking good at 3200 for medium term for higher targets
Strong chart pattern and fundamentally also good company
