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...
May seems like a perfect HnS, possibly a reversal kind of setup, just wait and lets see!!!
All levels are mentioned on chart.
Eicher motors shows head and shoulder bearish pattern
Eicher Motor has formed a H&S pattern at the top of the price trend. Wait for break of the neckline before taking a trade. Watch for overall Nifty Auto direction too before shorting.
To support us Please Join us on YouTube for Best momentum Stocks, Nifty and Bank Nifty Levels on a Daily Basis cause Proper Planning, Zero Greed, Right Entry, and Exit, can win you big Bucks: - 'TECHNICAL ANALYSIS BY RK' EICHER MOTOR BUY ABOVE 2700 STOPLOSS 2650
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.
Eicher Motor Bullish breakout may be occurs in next week keep eye on it
ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE . BUY ABOVE 2605; STOCK HAS TAKEN SUPPORT FROM 100 EMA IN 15 MINS TIME FRAME The indicator used: 1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts 2) TE-REKAB - PB : PULLBACK If you like the analysis, do leave a like and...
This analysis is purely based on Price Action Analysis is done on Weekly Time Frame, Hence it may take few weeks to couple of months for price to reach target. Traders should consider this before entering into the trade. As can be seen, Price has been testing the resistance level multiple times. But this time, after getting rejected from that resistance level,...
EICHER MOTOR FOR UPSIDE MOVEMENTS WE CAN SEE SOON
Hello !! Guys Eicher motors is really a good stock, Royal Enfield is included in it which has unlimited demand, but in lockdown, its price is increased due to the announcement of the splitting of stock into 10 stocks each and it is in an uptrend a really good stock for long term. but yeah, for now, technical analysis says that it will retrace yo some lower...
lots of people say, this stock is not for intraday, i don't believe i have made many many times money in this stock in intraday!
We are doing Analysis of EICHER MOTORS on 1 Hour Timeframe. The projected target from the breakout is usually the vertical distance from the low to the upper . Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thankyou Ankur Verma Twitter : Ankurverma3838