Eicher Motors_27.05.2023Make or Break Levels for Eicher Motors. Do comment your view.For Educational Purpose only.
EICHERMOT trade ideas
EICHER MOTORS--Near its Resistance??observations:
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A strong gap up is observed, and continue to moving towards resistance.
It is near to resistance, where previously strong fall happens. now look at the reaction at these levels to go further upside or downside momentum.
careful before going long, above this levels. (3750 level )
Buy Eicher MotorsBuy Eicher Motors (NSE:EICHERMOT)
Buy Range- 3320 - 3350
Target- 3450 - 3480
StopLoss- below 3250
Potential Return- 4-5%
Approx trade duration 10 - 12 days
Bullish pattern Bullish pattern formed on daily chart.
Breakout of inverse head and shoulder. pattern on daily chart
Inverted Head and Shoulder in Eicher MotorsThe stock is forming inverted head and shoulder and the breakout ,if occurs, will be just above SMA 200 which is again a bullish sign.
Eicher MotorsChart is looking very interesting on daily time frame it is making inverse Head &Shoulder Pattern and the same horizontal line is the resistance on weekly time frame if it give breakout we can aim for the target of Ath
INTRADAY IDEA ON 28-04-2023in EICHERMOTORS we will take a long trade,this content is made for learning and educational purposes only. we are not responsible for any losses or profits.
Eicher motorsHi friends eicher motors is looking long with good risk reward ratio hope it is usefull...
EICHER MOTORS : V Shape Recovery..!5 Steps Analysis of EICHER MOTORS
1. Auto Sector showing strength on last week and majority of stocks has given strong upside closing.
2.On daily time frame we can see the stock has followed the trend line and traded below trendline from Dec. 2022.
3. On Thursday stock has given closing above trendline with high volume and from last 3 days stock has showing strength which indicate trend going upside move in coming days.
4. Stock showing strong Mometum on daily, weekly, & monthly basis with high volume and volatility.
5. If the stock has sustain current level and give clo sing above 3220 level on Monday then next upside move we can see at 3250 to 3300 levels.
Potential short for Eicher MotorsI see a chance for Eicher motors to bounce from that region. Once it reaches the target I plan to long it. Hope it helps :)
eicher motoreicher may pick upp movement after 3000 level its good time for entry in intraday ,position
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.
