Description:
Eicher Motors has broken out above a long consolidation band near the “Investment” zone and is now retesting the upper boundary of the flag/channel on the daily chart. Price is holding above the prior resistance turned support around 7,050–7,100 while staying aligned with the broader uptrend that started from the weekly controlling demand zone.
The current pullback into the highlighted demand box offers a low‑risk continuation long, with stop below recent swing support and upside potential projected toward the upper grey target zone around 7,800–7,900. As long as price sustains above the retest level and inside the rising structure, the bias remains bullish; a decisive close back below the support band would invalidate this setup and call for re‑evaluation.
#EicherMotors #EICHERMOT #NSEStocks #IndianStockMarket #SwingTrading #FlagBreakout #BreakoutRetest #Uptrend #InvestmentZone #DemandZone #TechnicalAnalysis #PriceAction #StockMarketIndia
Eicher Motors has broken out above a long consolidation band near the “Investment” zone and is now retesting the upper boundary of the flag/channel on the daily chart. Price is holding above the prior resistance turned support around 7,050–7,100 while staying aligned with the broader uptrend that started from the weekly controlling demand zone.
The current pullback into the highlighted demand box offers a low‑risk continuation long, with stop below recent swing support and upside potential projected toward the upper grey target zone around 7,800–7,900. As long as price sustains above the retest level and inside the rising structure, the bias remains bullish; a decisive close back below the support band would invalidate this setup and call for re‑evaluation.
#EicherMotors #EICHERMOT #NSEStocks #IndianStockMarket #SwingTrading #FlagBreakout #BreakoutRetest #Uptrend #InvestmentZone #DemandZone #TechnicalAnalysis #PriceAction #StockMarketIndia
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.