Eicher Motors Limited
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Market insights
EICHERMOTO - Ascending triangle pattern formation in 1D timeframAn ascending triangle pattern appears to be formed in EICHERMOTO 1D timeframe.
Can be a good trade for swing traders.
Go long if it breaks the level of ~3464.00
1st target - 3520.00
2nd target - 3589.00
Please do you own analysis before investing. This is just for educational purpose.
Happy Trading :)
EICHER MOTOR SELL SETUPAs 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 MOTORS--Near its Resistance??observations:
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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 )






















