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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 2024-03-22 View latest technical analysis

10 day averaged volume of Eicher Motors is 824960

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	3988.40	3945.00	4013.95	3863.20	1.252 times
21 Thu Mar 2024	3918.95	3881.35	3949.00	3881.00	1.017 times
20 Wed Mar 2024	3873.60	3821.00	3940.00	3821.00	3.692 times
19 Tue Mar 2024	3716.85	3699.70	3730.00	3672.00	0.678 times
18 Mon Mar 2024	3699.70	3745.00	3745.00	3681.70	0.646 times
15 Fri Mar 2024	3745.65	3772.65	3779.95	3707.05	0.591 times
14 Thu Mar 2024	3772.65	3717.00	3803.75	3686.25	0.874 times
13 Wed Mar 2024	3735.55	3811.55	3852.40	3715.00	0.519 times
12 Tue Mar 2024	3810.75	3804.40	3855.80	3771.00	0.64 times
11 Mon Mar 2024	3783.90	3795.45	3814.95	3770.00	0.453 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 4011.8, for a target of 3909.5 or 3824.18

Share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Target	3275.00
Downside Target	3562.45
Downside Target	3672.00
Downside Target	3920.00
Downside Target	3972.00
Upside Target	4013.95
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	3768.95
Downside Intraday Target	3549.5
Upside Intraday Target	4110.9
Upside Intraday Target	4233.4
Downside Intraday Target	3891.45

Weekly technical analysis of Eicher Motors (EICHERMOT)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	3988.40	3745.00	4013.95	3672.00	2.368 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
22 Fri Mar 2024	3988.40	3790.20	4013.95	3672.00	0.828 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Eicher Motors ( (EICHERMOT) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Eicher Motors ( (EICHERMOT) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 and the buy signal is strong.

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

Eicher Motors Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3840.29 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.