EICHERMOT trade ideas
What to track Technical or Fundamental??Chart shows Technical analysis of Eicher motor and Some points about tracking fundamental or Technical analysis in trading.
This is only for educational purpose. Do your own study before taking any trades
Eicher Motors is trading in Sideways Zone Eicher Motors has tried to form W Pattern
It is Approaching near Resistance zone
Let's Track the Next Pattern at Imp Levels
Eicher motors base on baseEicher motors has formed a base on base on weekly.
Looks like ready to move up for the next leg
EICHER Motors is around Long term support Eicher Motors is around the medium term support !!
Stock has never broken support working from 2020
Log Chart support is working beautifully and has support around 3500-3600
On a Linear Chart stock has made 2 support and recently short term support working
Linear chart support is around 3480-3520 !!
Stock is Goof until support is intact !!
Thanks !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Riding the 5th wave with EICHERMOT: Timing is key for profitableIn the fourth wave, the ending triangle breakout signals potential. Targeting the fifth wave at 3620 and 3380 beckons opportunity.
Eicher Motors Eicher Motors currently trade in the range, as per the RSI its show the greater side of bullish momentum. Its take the support from the fib 0.618. If resistance will break than next target is 4200.
EICHERMOT Analysis----->>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 then look for short side below the support levels, after a rejection from support level at 3700.
REVERSAL on EICHER MOTORS with R:R of 6.5as we may notice that market showing some bullish bias and auto sector is not an exception and pretty decent results were posted by the auto companies. This point may be the reversal for NSE:EICHERMOT as well, with stoploss of 2.5% for the target of min. 15% .
Eicher motors looks good if closes above 3710Eicher motors looks good if closes above 3710. Stock pe currently at lowest levels
Eicher longFrom march low, we can see higher high and the sequence is incomplete, so at least two hight ((3)) and ((5)) we can see,
to buy blue (5) which will complete ((3)) we can buy 3825-3744 with SL of 3600
also from dec high, the first pullback is corrective 3 back which is a bullish sign (once correction done)
Note: this is my view, plz trade as per ur risk
Above 4260 Looks Strong BullishCurrently this can be fake breakout. But if it sustain above 4260, one can enter into this stock will give handsome return in coming months.
EICHERMOT : Riding on WAVE C on weekly Chart**Swing Trade Opportunity Analysis 🔄📈**
EICHERMOT has successfully concluded its ABC structure on both Intermediate and Primary Chart setups, finalizing its WAVE 4 correction on the daily chart. The stock appears poised for a reversal, setting the stage for WAVE 5 on the daily chart.
Considering this, we recommend a Buy position with a strategically placed tight Stop Loss for minimal risk exposure. This trade is anticipated to offer a favorable Risk/Reward ratio, enhancing the potential for a rewarding outcome.
*Note: Execute trades judiciously and adhere to risk management principles. Happy trading!*
Eicher Motors may create another all time highEicher motors is making a trend continuation inverse head and shoulder pattern, as soon as it breaks this pattern, it may continue its upward journey to all time high. Please comment down what you think?
EICHERMOTORStocks trading near 2 Day high as well as with rising volumes and closing strong , indicating a possible breakout
I am not SEBI register Advisor and I am not any trade and tips recommend here, This Idea post on this Channel Only for educational knowledge & learning purpose, I am not provide any trading tips, Before any Trade Advice your Financial Advisor, I am not responsible any profit and loss
fakeouts stocks exampleFed bank can give good move.in this video I have shown how fake outs stocks have moved and based on that we can see good risk reward in fed bank as of now.
💥Eicher Motors💥-Nice Breakout💥Eicher Motors💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-4179
Breakout Price-4179
Stoploss-3703
Targets-5813
RT for max reach
#eichermotors #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
EICHEMOTOR📢Resistance broken stock📢
These are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
This content only education purpose!
❗I am not sebi ragister❗
**EICHERMOT - Accelerating Towards New Horizons**
📈 **Market Momentum:**
EICHERMOT is currently in the spotlight, exhibiting a compelling rise in both price and volume over the last few sessions. The stock has not only reached a new one-year high but is actively trading with substantial volume, underlining the strength of its market position. The latest tick echoes a robust price surge, further supported by strong volume, a clear indication of sustained bullish momentum.
📊 **Technical Indicators:**
The MACD/Signal line bullish crossover and its sustained nature add a robust technical confirmation to the positive market sentiment. The stock is trending up nicely, consistently achieving consecutive new highs, showcasing a compelling upward trajectory.
💡 **Breakout Confirmation:**
Evidenced by a positive breakout and a continuous upward trend, EICHERMOT is not just meeting expectations; it's exceeding them. Both daily and weekly Heikin Ashi patterns signal a bullish continuation, underscoring the potential for sustained upward movement.
📅 **Recent Performance:**
As of November 15, 2023, EICHERMOT reached a high of ₹3860, closing at ₹3848.30, further solidifying its position as a top performer. Looking back, on November 1, 2022, the stock was at ₹3889.65, and by June 2, 2023, it was at ₹3748. These levels demonstrate the stock's resilience and ability to recover and surpass previous highs.
📊 **Trade Recommendation:**
Capitalizing on this robust performance, consider going long above ₹3860, with a strategically placed stop loss below ₹3429. This trade aligns with the recent positive trend and positions traders for potential continued gains.
🚀 **Why Act Now?**
EICHERMOT is not just a stock; it's a journey towards new horizons. With a strong one-year high, positive breakout, and consistent bullish patterns, this is an opportunity to ride the upward momentum! 📈💰
#EICHERMOT #BullishTrend #StockMarketOpportunity #FinancialSuccess #TradeSmart 🚀📊
Eicher motor breakout on weekly tf Eicher motor have clr breakout on weekly time frame, fundamental are also good
EICHER MOTORSPrice moves in a symmetrical triangle chart pattern in a weekly time frame. Waiting for the breakout from this pattern is a common strategy, as it can provide a clearer direction for the stock's future movement.
Ready to fly for 3600+Based on macd and SMA ready to cross 3600 soon. Simple moving average is ready to cross 3600 supportedby MACD also
