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2021 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
23 Fri Jul 2549.65 2565.95 2578.00 2542.00 3.8 lakhs
22 Thu Jul 2560.10 2584.95 2584.95 2529.00 13.21 lakhs
20 Tue Jul 2554.85 2580.00 2601.00 2537.65 8.9 lakhs
19 Mon Jul 2579.75 2609.00 2617.25 2571.00 5.61 lakhs
16 Fri Jul 2617.25 2667.50 2671.30 2607.80 10.38 lakhs
EICHERMOT chart

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2536.2, for a target of 2608.7 or 2669.18

  • 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 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 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.

Intraday technical analysis of Eicher Motors

Stock is trading at 2549.65 as on 23 Fri Jul 15:34

Day open is at 2565.95, day high is at 2578.00, day low is at 2542.00, and day volume is at 140.41 lakhs so far.

First 15 minute high low range is 2561.05 - 2578.00

First hour high low range is 2542.25 - 2578.00

Date Intraday Price Open High Low Volume
23 Fri Jul 15:34 2549.65 2565.95 2578.00 2542.00 379719
23 Fri Jul 15:30 2553.45 2565.95 2578.00 2542.00 379719
23 Fri Jul 15:25 2550.00 2565.95 2578.00 2542.25 363525
23 Fri Jul 15:20 2550.10 2565.95 2578.00 2542.25 354540
23 Fri Jul 15:15 2550.35 2565.95 2578.00 2542.25 316117
Intraday EICHERMOT chart

Trend of Eicher Motors is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Eicher Motors (EICHERMOT) intraday stock price targets

  • EntEntry: 2569.53 or 2552.9125
  • Upside target: 2578
  • Downside target : 2544.1
  • Second Upside target: 2563.83
  • Second Downside target : 2527.83

Eicher Motors (EICHERMOT) weekly technical analysis

Date Weekly Close Open Range Volume
23 Fri Jul 2549.65 2609.00 2529.00
2617.25
31.523 lakhs
16 Fri Jul 2617.25 2720.00 2607.80
2744.85
33.617 lakhs
09 Fri Jul 2712.15 2675.65 2671.15
2765.00
28.199 lakhs
02 Fri Jul 2661.00 2723.50 2642.00
2752.95
20.092 lakhs
25 Fri Jun 2720.80 2662.00 2662.00
2763.00
22.979 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Weekly 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 (EICHERMOT) Monthly technical analysis

Date Monthly Close Open Range Volume
23 Fri Jul 2549.65 2680.00 2529.00
2765.00
104.181 lakhs
30 Wed Jun 2671.15 2610.00 2610.00
2797.90
124.165 lakhs
31 Mon May 2676.15 2382.50 2356.10
2710.00
156.379 lakhs
30 Fri Apr 2421.65 2610.80 2303.70
2649.00
186.453 lakhs
31 Wed Mar 2603.95 2523.00 2497.15
2716.00
209.062 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

Eicher Motors Daily stock price targets

  • Upside daily target: 2738.58
  • Upside daily target: 2598.5

Eicher Motors Weekly stock price targets

  • Upside weekly target: 2842.3
  • Upside weekly target: 2706.98
  • Upside weekly target: 2556.23

Eicher Motors Monthly stock price targets

  • Upside monthly target: 3151.25
  • Upside monthly target: 2986.73
  • Upside monthly target: 2833.53
  • Upside monthly target: 2657.33
  • Downside monthly target: 2516.13
  • Downside monthly target: 2301.55
  • Downside monthly target: 2190.3
  • Downside monthly target: 1961.85

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 and the sell signal is strong.

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 and the buying is gaining 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 2629.13 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 negative.

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