EICHERMOTOR, 1D, FUNDAMENTAL + TECHNICALS (FUNDA-TECHNO)
Diupdate
EICHERMOT 1D, is at 52 WEEKS HIGH now.
FUNDAMENTALS: Eicher motors posted NEGATIVE results since 3 quarters and stock still makes 52-weeks high which doesn't look sustainable to me.
TECHNICALS : stock forming DOJI on top and trend reversal may happen .
My view : Eichermot may fall and I'll short ONLY below the Low of doji.
Trgt is near 2300
It may retrace back from 2300 and again start moving in Channel or it may break 2300 level and fall more.
PS: SHORTING ONLY BELOW 2500.
FUNDAMENTALS: Eicher motors posted NEGATIVE results since 3 quarters and stock still makes 52-weeks high which doesn't look sustainable to me.
TECHNICALS : stock forming DOJI on top and trend reversal may happen .
My view : Eichermot may fall and I'll short ONLY below the Low of doji.
Trgt is near 2300
It may retrace back from 2300 and again start moving in Channel or it may break 2300 level and fall more.
PS: SHORTING ONLY BELOW 2500.
Trading ditutup secara manual
Not Activated : Price did not come to our level for shorting opportunity.Catatan
Price took support near our level and again went up as said before.Catatan
Level activated & moved accordingly as Marked.. now once again level hot activated... lets see if it again touch our trgt or not
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.