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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 2024-06-12 View latest technical analysis

10 day averaged volume of Eicher Motors is 678091

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	4850.65	4765.00	4873.45	4745.00	0.772 times
11 Tue Jun 2024	4758.65	4810.00	4811.95	4744.05	1.082 times
10 Mon Jun 2024	4782.75	4769.60	4800.00	4757.00	0.445 times
07 Fri Jun 2024	4762.00	4700.00	4769.00	4670.10	0.619 times
06 Thu Jun 2024	4719.75	4579.00	4727.00	4538.30	1.104 times
05 Wed Jun 2024	4579.00	4539.10	4647.45	4495.00	0.69 times
04 Tue Jun 2024	4495.40	4679.90	4706.85	4253.85	1.358 times
03 Mon Jun 2024	4670.85	4800.00	4800.00	4640.00	1.579 times
31 Fri May 2024	4733.45	4742.20	4790.00	4668.25	1.677 times
30 Thu May 2024	4742.95	4709.75	4770.00	4704.70	0.636 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4816.3, but if it comes below 4816.3, then a intra day sell could be more profitable.
If you take a sell trade below 4816.3, then use 4816.3 as stoploss and 4728.37 as target. However if you take a buy trade in stock , then use 4816.3 as stoploss and 4921.9 as target.

Share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Target	3672.00
Downside Target	3886.10
Downside Target	4018.95
Downside Target	4253.85
Downside Target	4528.30
Downside Target	4650.00
Downside Target	4744.05
Downside Target	4800.00
Upside Target	4873.45
Upside Target	4907.00
Upside Target	4908.00

Intraday share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Intraday Target	4771.98
Downside Intraday Target	4693.32
Upside Intraday Target	4901.38
Upside Intraday Target	4952.12
Downside Intraday Target	4822.72

Weekly technical analysis of Eicher Motors (EICHERMOT)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	4850.65	4769.60	4873.45	4744.05	0.43 times
07 Fri Jun 2024	4762.00	4800.00	4800.00	4253.85	1.168 times
31 Fri May 2024	4733.45	4861.05	4907.00	4668.25	1.431 times
24 Fri May 2024	4880.95	4650.00	4908.00	4650.00	0.448 times
18 Sat May 2024	4684.40	4679.00	4742.95	4528.30	1.475 times

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

Monthly technical analysis of Eicher Motors (EICHERMOT)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	4850.65	4800.00	4873.45	4253.85	0.349 times
31 Fri May 2024	4733.45	4598.00	4908.00	4528.30	0.839 times
30 Tue Apr 2024	4597.40	4060.80	4689.95	3886.10	1.257 times
28 Thu Mar 2024	4019.30	3790.20	4075.00	3672.00	1.015 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Eicher Motors ( (EICHERMOT) ) based on a mid to longer 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.

ADX buy sell signal for Eicher Motors stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Eicher Motors in short term but the sell 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 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 BUY signal in short term and the buying is gaining 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 4695.25 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.