EICHERMOT trade ideas
Eichermot - Elliott wave analysis - ABC zigzag up & double topIt is in corrective cycle after completing ABC zigzag cycle in 4 hr time frame. It correcting down as double top pattern and achieved the target zone. There is a chance of small bounc now.
Plz give a like if you agree with EW count.
Eicher Motors Shorting Scenario
Rising wedge on shorter time frame and
Reverse flag and pole in longer time frame provide good Risk Reward scenario in Eicher motors for shorting.
Considering the fact the Pre open market shows huge gap down, it confirms the move even more.
Positional as well as intraday.
Broken Wedge Pattern Price at Demand levelEicher motor as long not breaking below 2270, expected to reach the target given on the chart for long term.
Let's see...
Value BuyingHello traders, it must be a value buying @ 2400 with the proper stop loss 2330, have a good luck!!
Eichermot - Near to demand zoneEichermot 😊 People must be thinking of shorting it as it broke the previous low but as i always say, trading with conflunce of many studies make it better. As per demand and supply on daily timeframe a demand is just below from cmp rsi showing bullish divergence. Volume not supporting the bearish downside move. Let see how it goes. Targets on chart...
Broken Wedge and retest doneEicher Motor unless breaking the current demand level expect to reach 2900 + on coming days.
EICHERMOT MONTHLY Reversal From BIGGER Shark or from SMALLER SHARK
Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying
Within 3-5 price bars need the confirmation from a BEARISH CANDLE with RSI Below 70
POTENTIAL SELL
Eichermot - Elliott wave analysis - ABC zigzag up It is in strong up move and price is moving in trend channel. Buy the lower trendline level as 4th wave correction of C wave for 5th wave up.
Bearish Shark - EICHERMOT - Monthly TF.Hello,
Pattern : Bearish Shark
Stock : EICHERMOT
Time Frame : Monthly.
Always look for reversal patterns at PRZ (reversal zone) and take trade basis on it.
Note : This chart is only for study and reference purpose.
eichermototrs go long eichermototrs is looking strong and we are seeing in nifty 50 stocks are falling as yesturday its falling from last 3 to 4 day but here eicher motors are donig time wise correction not price wise corrction as others are doing so its strong compare to any stock in nifty 50
we are holding this trade for 6 trading day happy trading
buy eicher motors at 2855-60 sl 2828 tgt 3170
Eichher Motors, Daily ChartEichher Motors has given a Breakout in Daily time frame
Disclaimer
Education purpose only
Consult with your Financial advisor before trading or investing
BUY EICHER MOTOTRS BUY EICHER MOTOTRS AT 2744.50 SL 2741.10 TGT 2762--2778 (RISK : REWARD 1:10) TAKE THIS TRADE
Eicher Motor: Time to Buy: IndiaHappy New Year
By Sun Storm Investment Research
A Profit & Solutions Strategy
Disclaimer: I am not a financial advisor, so please do your own research before trading anything
Eicher Motors - Weekly - Inverted H&SNSE:EICHERMOT
I studied this chart for long term investment purposes. F&O traders may slice and dice the chart for both positional and intra-day. Welcome comments :-)
