Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-30 View latest technical analysis

10 day averaged volume of Eicher Motors is 372191

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	4960.50	4901.05	4979.50	4896.00	1.25 times
29 Thu Aug 2024	4915.90	4946.85	4994.40	4880.00	1.535 times
28 Wed Aug 2024	4946.85	4870.00	4975.75	4840.00	1.141 times
27 Tue Aug 2024	4868.85	4866.05	4887.25	4836.70	1.027 times
26 Mon Aug 2024	4875.20	4902.00	4915.95	4865.05	0.845 times
23 Fri Aug 2024	4898.10	4920.00	4967.85	4882.30	0.56 times
22 Thu Aug 2024	4933.55	4932.20	4949.00	4905.60	1.441 times
21 Wed Aug 2024	4913.55	4890.00	4925.00	4867.00	0.595 times
20 Tue Aug 2024	4883.25	4848.90	4898.00	4824.30	1.407 times
19 Mon Aug 2024	4813.30	4848.00	4848.00	4780.00	0.754 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4924.5, but if it comes below 4924.5, then a intra day sell could be more profitable.
If you take a sell trade below 4924.5, then use 4924.5 as stoploss and 4811.62 as target. However if you take a buy trade in stock , then use 4924.5 as stoploss and 5059.9 as target.

Share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Target	3886.10
Downside Target	4253.85
Downside Target	4528.30
Downside Target	4689.95
Downside Target	4853.00
Downside Target	4908.00
Upside Target	4967.85
Upside Target	4976.00
Upside Target	4994.40
Upside Target	5023.00
Upside Target	5047.95
Upside Target	5058.90

Intraday share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Intraday Target	4866.67
Downside Intraday Target	4772.83
Upside Intraday Target	5024.37
Upside Intraday Target	5088.23
Downside Intraday Target	4930.53

Weekly technical analysis of Eicher Motors (EICHERMOT)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	4960.50	4902.00	4994.40	4836.70	1.219 times
23 Fri Aug 2024	4898.10	4848.00	4967.85	4780.00	1.164 times
16 Fri Aug 2024	4818.00	4799.00	4852.05	4716.00	0.286 times
09 Fri Aug 2024	4830.60	4612.15	4853.00	4548.00	1.217 times
02 Fri Aug 2024	4726.70	5034.00	5047.95	4691.55	1.482 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
30 Fri Aug 2024	4960.50	4970.50	5023.00	4548.00	1.081 times
31 Wed Jul 2024	4962.70	4640.00	5058.90	4592.90	0.996 times
28 Fri Jun 2024	4672.95	4800.00	4976.00	4253.85	0.845 times
31 Fri May 2024	4733.45	4598.00	4908.00	4528.30	0.839 times

Scroll below to view daily charts

Price has moved down 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 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 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 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 losing 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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 4906.34 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.