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 2024-04-05 View latest technical analysis

10 day averaged volume of Eicher Motors is 985036

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	4031.25	4013.00	4046.55	3967.55	0.545 times
04 Thu Apr 2024	4014.30	3957.00	4030.00	3892.05	0.947 times
03 Wed Apr 2024	3934.20	3923.00	3943.10	3886.10	0.398 times
02 Tue Apr 2024	3922.20	3990.00	3990.00	3914.30	0.492 times
01 Mon Apr 2024	3946.65	4060.80	4070.00	3936.50	0.541 times
28 Thu Mar 2024	4019.30	3915.30	4075.00	3891.75	1.327 times
27 Wed Mar 2024	3913.80	3934.80	3987.00	3905.80	0.519 times
26 Tue Mar 2024	3911.10	4001.45	4042.50	3907.10	0.784 times
22 Fri Mar 2024	3988.40	3945.00	4013.95	3863.20	1.049 times
21 Thu Mar 2024	3918.95	3881.35	3949.00	3881.00	0.852 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3971, but if it comes below 3971, then a intra day sell could be more profitable.
If you take a sell trade below 3971, then use 3971 as stoploss and 3865.86 as target. However if you take a buy trade in stock , then use 3971 as stoploss and 4097.1 as target.

Share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Target	3562.45
Downside Target	3672.00
Downside Target	3847.55
Downside Target	4013.95
Downside Target	4018.95
Upside Target	4070.00
Upside Target	4075.00
Upside Target	4145.00
Upside Target	4200.00

Intraday share price targets for Eicher Motors (EICHERMOT)

Target Type	Value
Downside Intraday Target	3921.57
Downside Intraday Target	3811.88
Upside Intraday Target	4105.47
Upside Intraday Target	4179.68
Downside Intraday Target	3995.78

Weekly technical analysis of Eicher Motors (EICHERMOT)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	4031.25	4060.80	4070.00	3886.10	1.112 times
28 Thu Mar 2024	4019.30	4001.45	4075.00	3891.75	0.431 times
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

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
05 Fri Apr 2024	4031.25	4060.80	4070.00	3886.10	0.204 times
28 Thu Mar 2024	4019.30	3790.20	4075.00	3672.00	1.015 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

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 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 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 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 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 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 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 3968.77 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.