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.
הערה
Showed some momentum yesterday. Reached 4820.עסקה פעילה
Reached near the first target. Almost 200 points upside. Touched 4899 today.הערה
Reached 4980 in today's session.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.