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.
----->>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...
📈 **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...
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.
Eicher motor monthly chart bullish this time eicher wave 5 move upside . wave 5th characters price move side slow compare 3rd wave
observations: ---->> 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 )
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 :)
Eicher 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. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any queries. Disclaimer:- This is my view. Please analyze the charts yourself...
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...
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
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.
The share of the Eichermotor breack the support and start the correction, this is the next support 3018.
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...
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 30 min 1H first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
Breakout and retest done. Go long keeping all below trendline. I have bought eichermotors 3200ce @65
When it comes to the technical analysis of EICHER MOTORS , you might get an impulse to the upside. Based on my technical analysis , there aren't many resistances till the Target 1. So you may use this as a buy opportunity. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area; which is a...
Below 200 EMA on daily basis + in LH LL setup. Will looking for down side 2300 round levels.
Looking Bullish All the key levels are mentioned in chart with Stop-loss and Targets Findings Mr. ATUL BBC Wave Counts Key Levels Volume above Average Macd in Weekly Uptick Macd in daily positive and Uptick and also above zero line RSI IN DAILY ABOVE 60 DMI & ADX POSITIVE UNGALI Disclaimer I am not sebi registered analyst My studies are...