eicher motoreicher may pick upp movement after 3000 level its good time for entry in intraday ,position
EICHERMOT trade ideas
EICHERMOT - Weekly AnalysisIn the Weekly Chart of EICHERMOT ,
we can see that, it has formed a Bullish Hammer Candle at the Breakout Trendline.
Let it retest and then Enter with SL and Target and Go Long.
We can see a up move in W Pattern.
EICHERMOT 15M (24 MARCH 2023)NSE:EICHERMOT
Formation of triangle pattern in eicher motors
can keep your eyes on oneside break.
before retracement dont jump on the trade.
EICHER MOTOR 1DEicher motor reversing from a good support zone. Good to go long in this stock from this point.
Keeping the SL just before today's low.
Trade safe. Manage risk. Be profitable.
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Disclaimer:- This is my view. Please analyze the charts yourself and then decide to take any trades.
EICHERMOT : Near major zoneEICHERMOT 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 chart before entering in trade.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
EICHER MOTORS: Good Buying on Dips?Hello,
Eicher Motors is showing good Risk to Reward.
I prefer to buy this on dips with a SL of 3000 for Medium Term to Long Term.
Share me your views. Open Views.
EICHER MOTORS : Auto Sector BoomingStock on Daily TF we can see the CUP Pattern formation will be done in coming days...above 3300 stock showing strength upside move can see 3376 and 3500 in coming days.
Eicher motorsEicher motors day chart
Now exactly at 0.50 fib retracement (3100)
If sustain then C wave expecting as per elliot wave for bulls...
if fall below 3100 then next 0.38% level area will be 2860 maximum
EICHERMOT daily short EICHERMOT daily short origin of daily supply, although stock looks reversing, its a risky trade,
if stock is not reversing, then good RR
EICHERMOTOR Short OpportunityIf price will comes at entry level before reach target level then go for short position.
Trade at your own risk.
eicher all time higheicher has been at all-time high
it has given a weekly breakout and if it closes above 3348 this month then a monthly breakout
we fear that all-time high stock can turn down first. but mostly this is a wrong assumption
all-time high stocks are momentum and the strong break-out stock we should be in these stocks
if fear is there of losing then betting a small amount on how these stocks react can give good practical learning.
now important
eicher has given flag monthly break out and box break out at 3018
box breakout minimum target of 3769 but usually its gets doubled in bull run so target is 4504
flag breakout target 4839
EICHER MOTORSEicher motors is get rejected from its resistance 3270 zone now as of my view point it's goes weak can come upto 3100 zone.
EICHERMOTOR SHORTshort on eichermotor for intraday or 2-3 days...if you see first 5 min candle close below 3277.
15 MIN
SELL -- 3277
TGT -- 3207
SL -- 3330
EICHERMOT Low Risk High Reward IdeaAs 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.
EICHER Buy for intraday tradingEICHER Buy for intraday trading if stock break the given resistance level................
EICHER MOTORS - BreakdownEICHER MOTORS - POC Breakdown
A structural breakdown with a shooting star candle on weekly time frame. Bears will come to hammer the stock!!
EICHERMOTOR BREAK THE SUPPORTThe share of the Eichermotor breack the support and start the correction, this is the next support 3018.
Eicher - deep into an ABC corrective. LongEicher potentially deep into an ABC corrective.
The 5th wave of the C looks extended. If counts correct snap back will be sharp
Can Try longs hereon, do manage your stops
Eicher Motors - Narrow range Trading in close range
Can be make or brake trade for intraday
Levels mentioned...
EICHER MOTOR ATH
Eicher looking strong in charts !!
Considering the existing and upcoming models, Eicher can able to maintain and increase its sales numbers in coming months !!
EICHER MOTORS - at short term supportThere'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 pattern PRZ is also coinciding with the daily chart support levels around 3400.
Now sustaining prz , we may see stock testing 3500- 3570 in the coming trading sessions.
Trade type: Reversal Long Trade
Pattern: Bullish Bat Pattern
Support: 3400-3434
Target: 3500-3570
CMP: 3464
How to Buy: Time your trade from lower timeframes, to manage your risk better.
