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(EICHERMOT) Eicher Motors complete technical analysis [charts+indicators] | Buy/Sell Eicher Motors | (EICHERMOT) share price targets

Complete technical analysis of Eicher Motors (EICHERMOT) by charts plus indicators, forecast predictions and share price targets for Eicher Motors (EICHERMOT)

Eicher Motors trades in NSE in 2 sector.

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Eicher Motors is 772607

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	3918.95	3881.35	3949.00	3881.00	1.086 times
20 Wed Mar 2024	3873.60	3821.00	3940.00	3821.00	3.942 times
19 Tue Mar 2024	3716.85	3699.70	3730.00	3672.00	0.724 times
18 Mon Mar 2024	3699.70	3745.00	3745.00	3681.70	0.69 times
15 Fri Mar 2024	3745.65	3772.65	3779.95	3707.05	0.631 times
14 Thu Mar 2024	3772.65	3717.00	3803.75	3686.25	0.933 times
13 Wed Mar 2024	3735.55	3811.55	3852.40	3715.00	0.554 times
12 Tue Mar 2024	3810.75	3804.40	3855.80	3771.00	0.683 times
11 Mon Mar 2024	3783.90	3795.45	3814.95	3770.00	0.483 times
07 Thu Mar 2024	3785.25	3793.20	3810.00	3759.05	0.95 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3901.4, but if it comes below 3901.4, then a intra day sell could be more profitable.
If you take a sell trade below 3901.4, then use 3901.4 as stoploss and 3821.11 as target. However if you take a buy trade in stock , then use 3901.4 as stoploss and 3997.7 as target.

Share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Target	3275.00
Downside Target	3562.45
Downside Target	3672.00
Upside Target	3920.00
Upside Target	3949.00
Upside Target	3972.00
Upside Target	4018.95
Upside Target	4145.00
Upside Target	4200.00

Intraday share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Intraday Target	3744.3
Downside Intraday Target	3569.65
Upside Intraday Target	4021.3
Upside Intraday Target	4123.65
Downside Intraday Target	3846.65

Weekly technical analysis of Eicher Motors (EICHERMOT)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	3918.95	3745.00	3949.00	3672.00	1.961 times
15 Fri Mar 2024	3745.65	3795.45	3855.80	3686.25	1.112 times
07 Thu Mar 2024	3785.25	3858.60	3883.30	3734.05	0.668 times
02 Sat Mar 2024	3860.35	3927.05	4018.95	3760.05	0.883 times
23 Fri Feb 2024	3927.05	3934.95	3972.00	3784.20	1.368 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Eicher Motors (EICHERMOT)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	3918.95	3790.20	3949.00	3672.00	0.754 times
29 Thu Feb 2024	3792.40	3843.00	4018.95	3726.60	1.033 times
31 Wed Jan 2024	3839.60	4145.00	4145.00	3562.45	0.889 times
29 Fri Dec 2023	4143.50	3922.00	4200.00	3847.55	1.277 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Eicher Motors (EICHERMOT)

Price action analysis of Eicher Motors ( (EICHERMOT) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Eicher Motors ( (EICHERMOT) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Eicher Motors ( (EICHERMOT) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Eicher Motors stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Eicher Motors in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Eicher Motors Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Eicher Motors in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Eicher Motors is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3816.84 and Eicher Motors (EICHERMOT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Eicher Motors (EICHERMOT) stock. Volume based technical analysis of Eicher Motors (EICHERMOT) stock is negative.

Eicher Motors Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.