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2022 Eicher Motors (EICHERMOT) technical analysis [forecast] stock price targets

Eicher Motors technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Eicher Motors deals in 2 Eicher Motors option chain analysis

Date Close Open High Low Volume
27 Thu Jan 2643.85 2690.00 2690.00 2570.25 9.86 lakhs
25 Tue Jan 2692.00 2622.10 2708.95 2593.65 6.87 lakhs
24 Mon Jan 2656.40 2695.20 2729.15 2621.50 4.66 lakhs
21 Fri Jan 2711.10 2723.50 2754.00 2668.20 4.59 lakhs
20 Thu Jan 2733.80 2725.00 2756.00 2712.10 5.22 lakhs
EICHERMOT chart

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2659.2, but if it comes above 2659.2, then a intra day buy could be more profitable.
If you take a sell trade below 2659.2, then use 2659.2 as stoploss and 2561.8 as target. However if you take a buy trade in stock , then use 2659.2 as stoploss and 2740.37 as target.

  • Daily Price action analysis of EICHERMOT based on a short 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.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of EICHERMOT based on a 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.

Intraday technical analysis of Eicher Motors

Stock is trading at 2660.70 as on 28 Fri Jan 12:00

Day open is at 2655.20, day high is at 2747.00, day low is at 2645.00, and day volume is at 95.06 lakhs so far.

First 15 minute high low range is 2655.20 - 2693.50

First hour high low range is 2655.20 - 2738.90

Date Intraday Price Open High Low Volume
28 Fri Jan 12:00 2660.70 2655.20 2747.00 2645.00 475181
28 Fri Jan 11:55 2664.60 2655.20 2747.00 2645.00 471273
28 Fri Jan 11:50 2665.15 2655.20 2747.00 2645.00 458657
28 Fri Jan 11:45 2673.15 2655.20 2747.00 2645.00 454132
28 Fri Jan 11:40 2676.15 2655.20 2747.00 2645.00 451531
Intraday EICHERMOT chart

Prices of Eicher Motors are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Eicher Motors (EICHERMOT) intraday stock price targets

  • EntEntry: 2674.35 or 2618.5875
  • Upside target: 2693.5
  • Downside target : 2616.9
  • Second Upside target: 2666.93
  • Second Downside target : 2547.18

Eicher Motors (EICHERMOT) weekly technical analysis

Date Weekly Close Open Range Volume
27 Thu Jan 2643.85 2695.20 2570.25
2729.15
21.388 lakhs
21 Fri Jan 2711.10 2804.00 2668.20
2880.00
36.525 lakhs
14 Fri Jan 2819.70 2820.05 2781.40
2851.00
18.591 lakhs
07 Fri Jan 2824.40 2620.10 2620.10
2833.60
58.627 lakhs
31 Fri Dec 2591.90 2446.00 2390.65
2604.20
28.754 lakhs
weekly EICHERMOT chart

Weekly forecast of Eicher Motors is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Eicher Motors based on a short 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.

Weekly Price action analysis of Eicher Motors based on a short to mid 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.

Eicher Motors (EICHERMOT) Monthly technical analysis

Date Monthly Close Open Range Volume
27 Thu Jan 2643.85 2620.10 2570.25
2880.00
135.131 lakhs
31 Fri Dec 2591.90 2410.00 2360.40
2604.20
124.43 lakhs
30 Tue Nov 2370.45 2490.00 2360.00
2777.00
183.284 lakhs
29 Fri Oct 2484.80 2787.00 2471.55
2959.75
147.719 lakhs
30 Thu Sep 2790.20 2680.00 2662.05
2994.00
182.24 lakhs
monthly EICHERMOT chart

Monthly forecast of Eicher Motors is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Eicher Motors 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.

Monthly Price action analysis of Eicher Motors 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.

Eicher Motors Daily stock price targets

  • Upside daily target: 2900.15
  • Upside daily target: 2761.39
  • Downside daily target: 2618.59

Eicher Motors Weekly stock price targets

  • Upside weekly target: 2935.75
  • Upside weekly target: 2795.55
  • Downside weekly target: 2628.38
  • Downside weekly target: 2491.28
  • Downside weekly target: 2365.75

Eicher Motors Monthly stock price targets

  • Upside monthly target: 3058.08
  • Upside monthly target: 2872.78
  • Upside monthly target: 2726.13
  • Downside monthly target: 2578.31
  • Downside monthly target: 2419.51
  • Downside monthly target: 2234.08

Eicher Motors (EICHERMOT) indicators technical analysis

Price action analysis of Eicher Motors (EICHERMOT) based on a short 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Eicher Motors Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Eicher Motors in short term and SELL 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 2727.03 and Eicher Motors EICHERMOT stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.

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chart EICHERMOT