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 :)
Buy Eicher Motors at Buy at 3223 Buy at 2968 Target 1 - 3405 Target 2 - 3794 Target 3 - 3901 Long Term Target 4000++ Disclaimer :- I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this channel suggestions. Consult your financial advisor before taking any decisions
Here we can see a Swing Trade in NSE:EICHERMOT BUY EICHERMOTORS CMP 4355 TP 4803 SL 4020 Eicher Motors Ltd. engages in the development, design, manufacture, assembly and sale of two-wheelers, as well as related parts and accessories. It operates through Domestic and Overseas geographical segments. The Domestic segment includes sales and services to...
Eicher motor ready for fresh move as shown in daily time frame. SL will be below 200 DMA. first target will be near all time high. 20 MA may be first hurdle. after that will see price action. it has gud potential for upside . Follow strict SL & Proper RISK REWARD RATIO. This is the only holy grail in the market.
EICHERMOT looks good.this is only for educational purpose.
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.
📊 Script: EICHERMOT 📊 Sector: Automobile 📊 Industry: Automobiles - Motorcycles / Mopeds Key highlights: 💡⚡ 📈 Script is trading near Double Bottom Neckline which is resistance level 4010, and giving breakout of it. 📈 MACD and Double Moving Averages are giving crossover. 📈 RSI is around 61. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 4019 🟢 Target 🎯🏆 -...
{ "Market Cap": "₹1,10,378Cr.", "Current Price": "₹4,031", "High / Low": "₹4,202/2,926", "Stock P/E": "31.4", "Book Value": "₹502", "Dividend Yield": "0.92%", "ROCE": "29.5%", "ROE": "22.2%", "Face Value": "₹1.00" }
still more upside .enter above 3177 or wait for 2917 level
Chart shows Technical analysis of Eicher motor and Some points about tracking fundamental or Technical analysis in trading. This is only for educational purpose. Do your own study before taking any trades
Eicher Motors has tried to form W Pattern It is Approaching near Resistance zone Let's Track the Next Pattern at Imp Levels
Eicher motors has formed a base on base on weekly. Looks like ready to move up for the next leg
Eicher Motors is around the medium term support !! Stock has never broken support working from 2020 Log Chart support is working beautifully and has support around 3500-3600 On a Linear Chart stock has made 2 support and recently short term support working Linear chart support is around 3480-3520 !! Stock is Goof until support is intact !! Thanks !!...
In the fourth wave, the ending triangle breakout signals potential. Targeting the fifth wave at 3620 and 3380 beckons opportunity.
Eicher Motors currently trade in the range, as per the RSI its show the greater side of bullish momentum. Its take the support from the fib 0.618. If resistance will break than next target is 4200.
----->>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...
as we may notice that market showing some bullish bias and auto sector is not an exception and pretty decent results were posted by the auto companies. This point may be the reversal for NSE:EICHERMOT as well, with stoploss of 2.5% for the target of min. 15% .
Eicher motors looks good if closes above 3710. Stock pe currently at lowest levels