Eicher - Seeing A Reversal
CMP 4703 on 17.02.25
All important levels are mentioned on the chart.
In the last 6 months, the stock price has taken support many times on the dotted line shown on the chart. This time again comes to the support.
The price is corrected around 10% after the earnings declaration.
Though it is a risky setup, the risk-reward ratio is quite good at present.
If gives a bounceback, upside targets may be 4910/5100 and 5300.
Keep your stop-loss strict according to risk management.
This is only for learning and sharing purposes, not a trading recommendation in any way.
All the best.
All important levels are mentioned on the chart.
In the last 6 months, the stock price has taken support many times on the dotted line shown on the chart. This time again comes to the support.
The price is corrected around 10% after the earnings declaration.
Though it is a risky setup, the risk-reward ratio is quite good at present.
If gives a bounceback, upside targets may be 4910/5100 and 5300.
Keep your stop-loss strict according to risk management.
This is only for learning and sharing purposes, not a trading recommendation in any way.
All the best.
Nota
Showed some momentum yesterday. Reached 4820.Trade attivo
Reached near the first target. Almost 200 points upside. Touched 4899 today.Nota
Reached 4980 in today's session.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.