EICHERMOT NEWS why is Eicher Motors Limited price falling or rising

EICHERMOT NEWS reasons for why stock price of Eicher Motors Limited is falling or rising

EICHERMOT Eicher Motors is falling or rising technical reasons

Technical analysis forecast of Eicher Motors Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Eicher Motors EICHERMOT at this time. Stock is rising and might rise more.

It appears as if Eicher Motors EICHERMOT gave a large move recently.

Stock of Eicher Motors (EICHERMOT) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Eicher Motors is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Eicher Motors stays above 4392.4, but if it comes below 4392.4, then a intra day sell could be more profitable.
If you take a sell trade below 4392.4, then use 4392.4 as stoploss and 4191.44 as target. However if you take a buy trade in Eicher Motors, then use 4392.4 as stoploss and 4633.5 as target.

EICHERMOT Eicher Motors is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-04-22

Technical Breakout Stocks: How to trade Siemens, Eicher Motors and RIL on Tuesday The S&P BSE Sensex rose 560 points while the Nifty50 closed above 22,300 levels. Sectorally, buying was seen in capital goods, consumer durables, public sector, and healthcare stocks while selling was seen in utilities. - NEWS as on 2024-04-22 indiatimes.com

Company Announcement Eicher Motors Limited has informed the Exchange about Schedule of meet - NEWS as on 2024-04-04

Company Announcement Eicher Motors Limited has informed the Exchange regarding Monthly Business Updates for the month of March 2024 - NEWS as on 2024-04-01

Company Announcement Eicher Motors Limited has informed the Exchange regarding Monthly Business Updates for the month of March 2024 of VE Commercial Vehicles Limited, an unlisted material subsidiary of Eicher Motors Limited - NEWS as on 2024-04-01

Company Announcement Eicher Motors Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2024-03-27

Company Announcement Eicher Motors Limited has informed the Exchange regarding 'Incorporation of a Wholly Owned Subsidiary in the - NEWS as on 2024-03-26

More announcements and NEWS

EICHERMOT Eicher Motors Limited current price & indicator signals

Moving Averages for Eicher Motors Limited

  • 5Day Average: 4407.63
  • 12Day Average: 4281.23
  • 20Day Average: 4146.47
  • 50Day Average: 3961.45
  • 100Day Average: 3935.42
  • 150Day Average: 3793.52
  • 200Day Average: 3681.29

EICHERMOT Indicators & signals

Indicator MACD (12,26,9)

4291.37, 4139.49, 116.05
Indicator MACD is in positive zone

Indicator ADX (14)

51.7, 37.65, 11.99
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of EICHERMOT Eicher Motors Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Tue Apr 2024 4520.15 4445.00 to 4534.90 1.19% 0.68 times
22 Mon Apr 2024 4466.95 4370.40 to 4485.00 2.83% 0.71 times
19 Fri Apr 2024 4344.15 4261.30 to 4369.45 -0.16% 0.66 times
18 Thu Apr 2024 4351.20 4338.05 to 4444.00 -0.1% 1.2 times
16 Tue Apr 2024 4355.70 4206.30 to 4404.00 3.23% 1.34 times
15 Mon Apr 2024 4219.35 4193.75 to 4317.85 -1.93% 0.78 times
12 Fri Apr 2024 4302.25 4267.80 to 4382.80 -0.3% 1.03 times
10 Wed Apr 2024 4315.10 4222.05 to 4335.00 1.56% 0.93 times
09 Tue Apr 2024 4248.65 4137.50 to 4267.90 1.02% 0.88 times
08 Mon Apr 2024 4205.75 4011.60 to 4303.45 4.33% 1.97 times
05 Fri Apr 2024 4031.25 3967.55 to 4046.55 0.42% 0.49 times
04 Thu Apr 2024 4014.30 3892.05 to 4030.00 2.04% 0.85 times

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