A Bullish Flag is a technical analysis pattern that suggests a potential continuation of a bullish trend. Here's a description of the Bullish Flag pattern in Eicher Motors: Pattern Description: Flagpole: The stock price of Eicher Motors has been in a strong uptrend, forming a flagpole (a sharp, almost vertical rise in price). Consolidation: After the flagpole,...
📊 Script: EICHERMOT 📊 Sector: Automobile 📊 Industry: Automobiles - Motorcycles / Mopeds Key highlights: 💡⚡ 📈 Script is trading in Upward moving channel and forming Higher Highs Higher Lows on daily chart. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 4941 🟢 Target 🎯🏆 - 5073 ⚠️ Stoploss ☠️🚫 - 4808 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and...
eichermot looks good to buy as per my view. this is my personal view for education purpose. do your own research thank you
Eicher Motors has recently completed Cup & Handle pattern and is all set to reach all the way to INR 4500 in a 9-12 months time horizon from current levels.
Right at the resistance- It is always good to book some profits at resistance. I would like to wait for confirmation if breaking out. though I kind of lean towards break down. If it goes as per my plan I would like to accumulate at the specified accumulation range.
Two possible scenarios from my angle lets see how it reacts. Already two times it broke my stop loss and stopped my trade. One last try :)
----->>this stock is continuously moving upwards... ---->>now this stock is facing the resistance from 4200 level, a fall back is noticed. on bottom side we find a support zone identified at 3700 and also the trendline is pushing the price upside. ------->>keep in long side as long as price is above the trendline and support zone. If price breaks the trendline...
EICHERMOT may give symmetrical triangle breakout. Looking good above 3370-75 For tgt 3450-3470-3500 in very short term. Also we are keeping on radar EICHERMOT 3400 CE next exp. Contract.
As per my analysis, I am expecting more down side on $NSE:EICHERMOT. Best level to take sell entry will be 3208 with stop loss of 3270 (+62 points risk). My expected downside would be 3096 which is strong support and buying area. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
EICHERMOT is trading near Major zone as of now. 4 times it reversed from this level and it is acting as a Major supply zone. So what can be strategy for me... I will see 1 hours & 15 chart and if its creating HH< HL then i will go with positive.....if it break level then it will be massing selling here and can good to with trend. Follow prices action in 1 hour...
As per analysis, best level to take entry on NSE:EICHERMOT is 3340 with stop loss of 3275. My expected up side targets will be 3410 & 3495. This could be low risk and high reward idea. Note: This is my personal analysis, only for learning. Thanks.
There's a formation of Bullish Bat Pattern on the hourly chart of the Eicher Motors, Bat pattern is a five-legged harmonic pattern that provides us with potential reversal zones, from where stock usually witnesses sharp recovery or fall as the case may be. Here 3407-3434 is the PRZ that the pattern provided as we did see the sharp recovery back from there. The...
This Is The Detail Analysis Of The Eicher Motors Limited Which As Given The Breakout At Monthly TimeFrame. PATTERNS: 1. HEAD AND SHOULDER. 2. FLAG AND POLE. THE STOCK IS LOOKING STRONG AT MONTLY TIME FRAME, IT AS GIVEN BREAKOUT IN THE MONTH OF JULY AND NOW IT IS TRYING TO SUSTAIN ABOVE THE BREAKOUT LEVEL WHICH IS THE GOOD SIGN OF A CLEAR AND LEGIT BREAKOUT.
Over all market bullish ..but this time market little down for 50 to 100 points ..this my opinion and ..buy sell signal Draw in chart . Thank you
Educational Idea: Most of the Novice conventional traders use support and resistance levels. If the support breaks, they tend to short-sell the scrip & try to profit out of it. And, if the resistance breaks, they go long. But the majority of the time, they become a victim. Let me get this straight. Let's take an example, in this case, Eicher Motors. When...
The structure of the chart becomes weak after a massive fall in today's session. Though currently, it is trading at short-term support, if held we may see a temporary bounce back in the stock. Immediate Resistance at 2800 Type of Trade: contra - risky. Freefall may be seen in the stock below 2700 levels, hence be careful. Disclaimer: Not a recommendation to trade
Eicher Motor looks good good on current level for 3350 with the stop loss of 2740...!!
EICHERMOT : Did we miss the fall? No We expected correction/fall from 2775-2780 range and it happened. Currently on trend line, below 50/100/200 EMA lines. Breaking this and sustains - next level will be 2410, below 2325. Add to watchlist - Please spend time on own research before investing.