Eicher Motors Limited
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EICHERMOT -- SHOW ME THE MONEY !!!17974 about to be shattered with the golden bullet :)
Finally reversed from 12496 and tested it twice before resuming its uptrend .
At present gotten rejected once by 17974 however with the 200 day on the 4hr giving support and a beautiful golden cross about to happen , in my opinion its time to put your helmets on and enjoy the ride!!
Intra day buy on retest of 17974 after breakout.
Levels on the Chart ....
Eicher Motors Ltd (Eichermot - NSE) - Impulse wave pattern endedEicher Motors Ltd (Eichermot - NSE) is completed down impulse as C wave of daily time frame as short 5th wave as shown in chart. In weekly time frame it has completed down ABC cycle correction after monthly impulse over two years ago. Now price is in up cycle against ABC down move, which already crossed wave 4 as confirmation. Wait for clear impuse wave and pull back to enter in trade.
Eicher Motors Buy at 14100 ST 13800We 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.
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Ankur Verma
Twitter : Ankurverma3838
Eicher Motor Bullish Setup !! Hello, Friends Thanks for being part of our Trading Buddy we are happy to help you with your earning !!
I think i write everything on the chart with a basic explanation of Elliotte Wave analysis ( Impulsive + Corrective= "Elliote wave")
Eicher Motor is too Down now, In upcoming weeks we see a good rally in it So
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Eicher Motors (EICHERMOT - Nifty) - impulse wave patternEicher Motors (EICHERMOT - Nifty) is in ABC zigzag correction in weekly time frame, which is in 5th wave of C down in current chart. 4th wave of C was triangle, but not broken down yet. If 5th wave down is started then it should not be going above that red invalidation line of triangle and making new low.






















