EICHERMOT trade ideas
EICHERMOTORS- Long opportunity. Probable completion of D point @ 3277
Has potential to reach above target after closing 2953 (initial harmonic pattern D point)
CMP=2853
EICHERMOTNSE:EICHERMOT
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EICHER Both Side targetEICHER Both Side target for intraday trading if stock break the box then we will enter in trade
EICHER motors entering UPTREND.Eicher motors downtrend is almost over as shown by the RSI comming to a suppot level, MACD recovering and eicher motors is at support itself which was a previous resistances.
I believe this will be an upside trending move after crossing 2505 levels .
Buy above 2505 for the targets mentioned in the chart above. NSE:EICHERMOT
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Eicher Motors Ltd - 01.11.2021Eicher Motors Ltd - 01.11.2021
The stock is trading @ 2560 levels
The prices have tested the support zone @ 2470 levels
There is an Engulfjnb Bull @ support
Prices are below ema
Watch out for the price action.
EICHER MOTORS LONGEicher Motors is a very good stock available at a very good price. try to accumulate at this level and buy on dip at support levels for long term. short term and long term all tgts are given on the chart. Must Correlate yourself on charts before taking an entry. This is for Educational purposes only. Please consult your Financial advisor before investing.
EicherBottom out pattern formation on houly chart ,possible rebound from here after testing the bottom
Eichermot- Long opportunityCMP=2585
It's in demand zone highlighted in box..
Near PRZ. Can accumulate in small tranche and add more once seen the strength.
Eicher Looks GoodEicher Motor looks good good on current level for 3350 with the stop loss of 2740...!!
Eichermot good for Positional TradeEichermot is on good support & looking bullish if sustain on closing basis above 2560 then will be Good for Positional Trade Target will be 2700 -2800 - 2900
Eicher motors Fib retracement ❗Eicher motors Fibonacci retracement
◽ Taking support at 2730 price which is Fibonacci 50% level
◽If it breakdown the level then we can short it
◽Weak sales data can also effect
eicher motorstime frame : 15 min
it is at its very crucial support levels , big move expected from tomorrow on either of one side
Price ActionTrend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
Eicher Motors Triangle Pattern BreakoutTriangle Pattern Breakout in Eicher Motors. Nifty Auto also forming Triangle Pattern , Bullish on Auto Sector for next 3 Months.
