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
EICHERMOT trade ideas
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
Falling wedge pattern reversal in EICHERMOTEICHERMOT
Key highlights: 💡
✅On 1D Time Frame Stock Showing Reversal of Falling wedge Pattern .
✅ It can give movement upto the Reversal target of above 3300+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 4000+ .
✅ Can Go Short in this stock by placing stop loss below 3050.
EICHERMOT - Low Risk high & High Reward TradeEICHERMOT is currently trading on the daily and weekly demand zones.
On its weekly chart, EICHERMOT is getting support from the EMA 50, and on its daily chart, it is getting support from the 200 DMA.
On the daily chart, we can see the formation of a double bottom and RSI Bullish Divergence.
On the weekly chart, the "wave volume divergence indicator" shows that selling volume is also declining.
You can plan your entry and keep your stop loss below the swing low if you want to enter a trade aggressively to catch the bottom. This trade has a low risk and high potential reward, in my opinion.
Note: My analysis is solely for study purpose; I am not a SEBI registered.
If my analysis proves useful to you, please like it and follow me on TradingView for more analysis like this.
Eicher Motors Cmp 3162 dated 13-1-2023 Bullish EngulfingEicher Motors Cmp 3162 dated 13-1-2023
1. Bullish Engulfing Candle @ Support after
nearly 20 % correction.
Buy @ CMP for target 3275-3385-3435-3495
SL 3050
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
Eicher MotorsDate-14/12/2022
Stock is in downtrend after a long uptrend,Volume not supporting for up candles,it means for increasing volume for red candles and decreasing volume for green candles.We have support at 3900 and 2950 levels if it breaks stock moves to Rs.2500 odd levels.If you want short wait for green candle with low volumes(As per Volume Spread Analysis).
As per Option chain of Dec-22,strong OI build at CALL Strike 3400 and 3500 (consider as resistance) and PUT Strike 3200(consider as support). In put side no of contracts decreasing day by day and total call contracts 13678 and put contracts 5790.
As per above data stock clearly shows weakness and OI data indicates bearishness.whoever wants to buy stock wait for some time add in tranches.
intra day trade for tomorroweicher motor is really looking good for tomorrow's intra day trade
its forming a triangle pattern as well is consolidating in a range for a long time
we can go long if it give a 15 min candle closing above 3270 with a stop loss of 20 rupees and profit of risk reward 1 ratio 2
