Breakout in EICHER MOTORSBreakout in EICHER MOTORS in Daily and Weekly timeframes.
Entry: 2706
Targets: 2820 and 2960
DISCLAIMER: The ideas shared are only for educational purpose. I am not SEBI registered.
EICHERMOT trade ideas
EICHER MOTORS ready to go to 5000!!! Great base formation.Look at the great inverted H&S. It's time to add Eicher motors in your portfolio and sit tight!! NSE:EICHERMOT
BASIC CUP& HANDLE PATTERN_EICHER MOTORSHi,
I have shared Eicher motors weekly TF chart. here, we have found the clear CUP & HANDLE pattern...
pattern is shared only for educational purpose.
Eicher motors LONGAscending triangle 🔺️ Breakout..
Retesting of Breakout Completed...
Positional call
Buy CMP
Target 3697
SL 3131
For education purposes..
EICHERMOT on 15min time-frame analysismultiple time has been tested the demand zone if it has been broken then you should find the good candle stick then you have to take the entry in this trade..!
EICHER motors Investment IdeaEicher motors Investment
Stock is giving breakout from its 2017 highs almost after 5 years so one can add from cmp 3460 to 3050 for target of 4444/5555
with stop loss of 2665
Eicher short term BreakoutAs we all seeing good up move in AUTO sector Maruti, TVS, M&M already performing good. But Bullet king yet to perform
I think breakout above this trendline can give good upmove till 3044 to 3220 with stoploss of 2735 closing basis
POLE & FLAG + MULTIYEAR BO (EICHER MOTORS)EICHER MOTORS
On Monthly Basis Time Frame the Stock has given a Good BO in the Month of JULY of Pole & Flag Pattern on Chart and also a Good Multiyear BO on Weekly Time Frame & is in process for Monthly Time Frame (Close above 3348 on Monthly Time Frame will be done in current August month)
So as per Chart the Stock looks Good for Medium to Long Term Position as per the Levels given below:
CMP - 3367 or BoD 3000
Target 1 - 3906
Target 2 - 4464
Target 3 - 5022 +++
SL - 2580
Time Frame - Medium to Long Term for final Tgt
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
eicher motor selling trade setthe overall markets are showing red signal .
some stocks may show short term correctioin .
eicher motor was in a rally and now it can also show some little correction .
trade;
if the channel breaks on downside ,we can do a sell trade .
targets should be 20 ema as per my view .
rsi also shoung a turn downwards.
Looking good for higher targets!If manages to hold on to the Parallel lines support on closing basis, expect a new ATH very soon. 790 is the only hurdle in between.
All set for huge returns!There's no stopping at all. As long as 3150-3275 holds on WCB, enjoy the rally and wait for 4000+ soon! :-)
Eichermotor swing trade fib levels (learning purpose)* For best results, always let the hourly candle close above the entry point.
* 2 rupees minus the 3rd target is safe to book profit as the 3rd target would always face selling pressure.
* If the price makes it to a comfortable hourly close above third target, we can aim for the 4th target as well.
* We may also trail our stoploss while the price moves forward to secure our capital and profits.
EICHER MOTORS WEEKLYEicher motors giving strong moves on weekly chart breaking downtrend line and giving breakout on Bollinger band too
Cause of long
1- Breakout on downtrend line
2- Breakout on Bollinger bands too
Eicher motors head and shoulder pattern on monthly time frameEicher motors head and shoulder pattern on monthly time frame
EICHERMOTEicher motor is near to all-time high, which will attract you to keep eye on for long-term investment or swing trading if we get a strong break out like M&M.
Eicher Motors Swing Trade Strong Price breakout including RSI trend line breakout on weekly charts
Buy above/at - 3035-3040-3050
Stop loss - 2930-2925
Target - 3300
Disclaimer :- Please follow strict stop loss and only take quantity so as to loose only 1-2% of your total trading capital
#eichermotorrs #swingtrading #weeklytrade
Eicher motor poised for fresh ATHBUY EICHER MOTOR 3020 FOR 3150/3280 and 3500. Invalid below 2910 on two days closing basis. WHole auto sector is bullish
#Eicher Motorsplease refer to the chart.
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If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
A Leading Diagonal in Eicher Motors. Near an interesting pointNSE:EICHERMOT
- Eicher Motors chart is forming a Leading Diagonal Elliot wave structure. A Leading Diagonal is a transitional structure (correction to impulse) forming as part of the first wave of a larger impulse degree.
- The first wave leading diagonals form as a 5-3-5-3-5 overlapping structure as shown on the chart.
- There is no doubt this counter is bullish in the next coming months but it has now reached into the 5th wave of its 1st impulse structure. Contextually we should see a strong correction for targets as marked on the charts with ABC pathway of correction.
- The ideal levels of shorting can be at 2900 and above . Note that there can be an overthrow beyond the trendline connecting impulse 1 and 3 due to a fake-out. The daily RSI already shows divergence.
It will form a beautiful RISK:REWARD for shorting from the price mentioned. Advice to take trade based on your own risk management rules. Let me know your thoughts in the comment section.
Eicher Motors: Towards New 52W HighEicher Motors: Weekly Chart
1. On the verge of B/O. New 52W high in view. Buy dips.
Eicher Motor Long Eicher Motor Given a Strong Trendline Breakout With Retest and Also Engulfing the Previous Day Candle...
LTP ::3080 Buy Near 3080-3090 SL 2900 Target 3400-3500
Duration Around 1 Months
Auto Sector Looking Strong ..
Just a Study Related Call ..
Do take your Own Decision before taking any trades.....
