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Eichermotors

Eicher Motors: Hits Swing Highs, Signal More Upside AheadNSE:EICHERMOT Hits Swing Highs: This Technical Setup Could Signal More Upside Ahead Price Action Analysis: - Current Price: ₹5,493.50 (as of June 19, 2025) - Day's Range: ₹5,410.00 - ₹5,506.50 - Price movement shows strong bullish momentum with recent breakout above resistance - The stock has gained approximately 100.50 points (+1.86%) in the session Volume Spread Analysis: - Current session volume: 923.4K (89% above average) - Average volume: 488.6K - Volume surge during breakout phases confirms institutional buying - Declining volume during consolidation phases shows controlled profit-taking - Volume spike of 923.4K against average of 488.6K indicates institutional participation - Volume has been increasing over the past 3 Days. Volume Pattern Insights: - Volume expansion on up moves and contraction on down moves - Accumulation pattern visible in the base formation phase - Recent volume spike suggests renewed buying interest Chart Patterns: - A clear ascending triangle pattern formed between March and May 2025 - Breakout above the ₹5,800 resistance level in April with strong volume confirmation - Current consolidation phase between ₹5,300-₹5,500 range - Higher lows pattern since March 2025 indicates underlying bullish sentiment Key Technical Levels: Support Levels: - Immediate Support: ₹5,300 (previous resistance turned support) - Secondary Support: ₹5,100 (20-day moving average zone) - Major Support: ₹4,800 (previous consolidation base) - Critical Support: ₹4,500 (long-term uptrend line) Resistance Levels - Immediate Resistance: ₹5,600 (short-term ceiling) - Key Resistance: ₹5,800 (previous breakout level) - Major Resistance: ₹5,900 (all-time high zone) - Extended Target: ₹6,200 (measured move projection) Base Formation - Primary base formed between September 2024 - March 2025 - Consolidation range: ₹4,400 - ₹5,200 - Duration: 6 months (healthy accumulation phase) - Breakout confirmation in April 2025 with volume expansion Technical Indicators Assessment: Momentum Indicators: - Price trading above key moving averages - Bullish crossover pattern maintained - Momentum favours bulls in the short to medium term Trend Analysis: - Primary trend: Bullish (uptrend intact since September 2024) - Secondary trend: Consolidation within an uptrend - Trend strength: Strong (confirmed by volume analysis) Trade Setup: Long Position Strategy: - Entry Strategy: Buy on dips approach - Accumulation zone: ₹5,300 - ₹5,400 - Momentum entry: Above ₹5,550 with volume confirmation - Investment horizon: 3-6 months Entry Levels: - Conservative Entry: ₹5,320 (near support) - Aggressive Entry: ₹5,480 (current levels) - Breakout Entry: ₹5,560 (above resistance) Exit Strategy: - Target 1: ₹5,800 (12% upside from current levels) - Target 2: ₹6,000 (20% upside potential) - Target 3: ₹6,200 (extended target for long-term holders) Stop-Loss Levels: - Conservative SL: ₹5,200 (below key support) - Aggressive SL: ₹5,350 (tight stop for short-term trades) - Investment SL: ₹4,800 (major support violation) Position Sizing & Risk Management: Position Sizing Guidelines: - Conservative approach: 2-3% of portfolio allocation - Moderate approach: 4-5% of portfolio allocation - Aggressive approach: 6-8% of portfolio allocation (only for high-risk tolerance) Risk Management Framework: - Maximum risk per trade: 2% of total capital - Risk-reward ratio: Minimum 1:2 preferred - Portfolio correlation: Consider auto sector exposure - Stop-loss discipline: Strict adherence to predetermined levels Capital Allocation Strategy: - Entry in tranches during the consolidation phase - Average up strategy on breakout confirmation - Profit booking at predetermined target levels - Position sizing adjustment based on volatility Sectoral Backdrop: Automobile Sector Overview: - The two-wheeler segment is showing a strong recovery post-COVID - Rural demand improvement supporting premium motorcycle sales - Electric vehicle transition creating new opportunities - Government infrastructure spending boosts commercial vehicle demand Industry Trends: - The premium motorcycle segment is growing faster than the mass market - Export opportunities expanding in international markets - Supply chain normalisation is improving production efficiency - Raw material cost pressures are stabilizing Fundamental Backdrop: Company Fundamentals: - May 2025 sales up 26% YoY with a total of 89,429 units sold - International sales up 82%, showing strong export growth - Achieved a significant milestone of selling over 100,000 units in March with 33.7% YoY growth - Fundamentals look strong and suitable for long-term investment Market Position: - Continues to dominate >350cc space with >85% market share - Increased market share from 32.9% in Q4FY22 to ~36% in Q1FY23 in >125cc segment - Market cap of ₹1,50,676 crores, appearing financially stable compared to competitors - Average analyst price target of ₹5,426 from 21 research reports Financial Health: - Trailing 12-month revenue of $2.19 billion as of March 2025 - Strong balance sheet with healthy cash flows - Consistent dividend payment track record - Efficient capital allocation and ROE metrics Growth Catalysts: - New product launches, including Hunter 350, are receiving a positive response - Market share expansion in the premium segment - International market penetration opportunities - Electric vehicle portfolio development Risk Factors: Company-Specific Risks: - Dependence on Royal Enfield brand performance - Raw material cost inflation impact on margins - Competition intensification in the premium motorcycle segment - Regulatory changes in emission norms Market Risks: - Economic slowdown affecting discretionary spending - Interest rate changes may impact vehicle financing - Commodity price volatility - Currency fluctuation impact on exports Technical Risks: - Breakdown below ₹5,200 could trigger selling pressure - Volume declining during upward moves would be concerning - Broader market correction affecting sector sentiment - Profit booking pressure at higher levels My Take: Overall Assessment: The technical setup for NSE:EICHERMOT appears constructive, with the stock maintaining its uptrend structure. The recent consolidation phase provides an opportunity for fresh accumulation. Strong fundamentals support the technical outlook with robust sales growth and market share expansion. Investment Recommendation Buy on dips strategy recommended for medium to long-term investors. The risk-reward profile remains favourable with multiple technical targets achievable. However, strict stop-loss discipline and position sizing are crucial for risk management. Time Horizon: - Short-term (1-3 months): Consolidation with upward bias - Medium-term (3-6 months): Bullish with a target of ₹6,000 - Long-term (6-12 months): Positive outlook with potential for new highs The combination of strong fundamentals, healthy technical setup, and favourable sector dynamics makes NSE:EICHERMOT an attractive investment proposition for quality-focused portfolios. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:EICHERMOTLong
by Karanshah137
2
How to Trade Supply & Demand Zones📉 SUPPLY ZONE TRADES (5370–5375) 🔴 Scenario 1: Reversal from Supply Zone Price action: Price moves up near 5370–5375 and forms a bearish candle (e.g., Doji / Engulfing) Trade Type: Short (Sell) 🛒 Entry: Around 5372 📉 Stop Loss: 5378 (above zone) 🎯 Target: 5330 (previous structure / 40-point move) Risk Type: Medium Rationale: Price faced rejection from the supply zone multiple times. 🔴 Scenario 2: Break & Fail Retest Price action: Price breaks above 5375 but quickly falls back below it and retests from underneath. Trade Type: Short (Sell on breakdown confirmation) 🛒 Entry: 5370 (after breakdown and retest) 📉 Stop Loss: 5380 🎯 Target: 5325 Risk Type: Medium Rationale: Trap breakout buyers and trade the reversal. 📈 DEMAND ZONE TRADES (5302–5294.5) 🟢 Scenario 1: Reversal from Demand Zone Price action: Price dips to 5300 zone, shows strong bullish reversal candle (e.g., hammer / bullish engulfing) Trade Type: Long (Buy) 🛒 Entry: 5300 📉 Stop Loss: 5290 🎯 Target: 5345 Risk Type: Medium Rationale: Clean bounce from a strong demand zone. 🟢 Scenario 2: Breakout and Retest of Demand Price action: Price breaks below 5294.5 but recovers strongly and retests the zone from above. Trade Type: Long (Buy on successful retest) 🛒 Entry: 5302 📉 Stop Loss: 5288 🎯 Target: 5350 Risk Type: Medium Rationale: Demand flipped to support again with bullish confirmation. Reversal trades from demand/supply zones can offer high risk-to-reward setups. Always wait for strong price action confirmation like pin bars or engulfing candles. Avoid jumping in blindly — volume and structure matter. Use tight stop loss just outside the zone to manage risk smartly. Ideal for range-bound markets — not during strong trends. ⚠️ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority. 📢 Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. 👉 If you found this analysis helpful, don’t forget to Follow, so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
NSE:EICHERMOT
by simpletradewithpatience
3
The Wheels are Turning: Auto Sector Sees Major GainsIndian auto stocks surged on January 2, 2025, fuelled by impressive December sales numbers, which propelled the Nifty Auto index to its highest daily gain in six months. ◉ Key Players 1. Eicher Motors NSE:EICHERMOT ● Surged 7%, with December sales up 25% YoY to 79,466 units, and exports rising 90% YoY. 2. Ashok Leyland NSE:ASHOKLEY ● Rose 5%, with December sales exceeding estimates, up 5% YoY, and Medium and Heavy Commercial Vehicles sales up 8% YoY. 3. Maruti Suzuki India NSE:MARUTI ● Extended gains for the second straight day, rallying 5%, driven by strong December car sales and bullish management commentary. 4. Mahindra & Mahindra NSE:M&M ● Up over 3% for the second consecutive day, with December SUV sales jumping 18% YoY to 41,424 units, driven by strong demand. ◉ Overall Outlook The Indian automotive market is poised for continued growth, driven by a resilient economy and robust consumer demand. Potential interest rate cuts are expected to further fuel this growth, making vehicle financing more accessible and affordable for consumers. As a result, the road ahead looks promising for FY26, with expectations of sustained growth and increased sales in the automotive sector.
NSE:CNXAUTOLong
by GoodluckCapital
Eicher Motors Breakout Signals Momentum Towards 6000Details: Asset: Eicher Motors Limited Breakout Level: Confirmed breakout with sustained momentum Potential Target: 6000 Stop Loss: Below recent breakout level or as per risk management Timeframe: Short to medium-term Rationale: Eicher Motors has confirmed a technical breakout, supported by strong volume and bullish sentiment. The breakout suggests a potential upward movement, with 6000 as the immediate target. Market Analysis: Technical Setup: A decisive breakout with strong follow-through signals the continuation of an uptrend. The stock is showing robust momentum toward higher levels. Fundamental Strength: Eicher Motors, a leader in premium motorcycles and commercial vehicles, stands to benefit from growing consumer demand and favorable macroeconomic conditions. Price Target: Immediate target: 6000 Risk Management: Set a stop loss just below the breakout level to mitigate downside risk in case of a reversal. Timeframe: The move toward 6000 is anticipated in the short to medium term, driven by sustained buying interest and strong technical indicators. Risk-Reward Ratio: Favorable, with a high-probability breakout and significant upside potential, offering an attractive setup for bullish traders. Keep an eye on volume and broader market conditions to ensure momentum continues to support the move toward 6000.
NSE:EICHERMOTLong
by CyborgTradingHub
TataMotors | Bullish from here ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 💡FNO Stocks Trading📉📈📊 ✅Check out my TradingView profile to see how we analyze charts and execute trades. ✅We can't conduct a thorough analysis in such a short span of time. We need to review it, post our findings, and then take action. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:TATAMOTORSLong
by ReviveTraders
Eicher motors around the resistance zone (26/02/24) The stock has taken a nice support from the weekly 20 EMA and has closed around the previous candle close. There is a resistance zone around 3950-3985. If this resistance is clear and price sustain above the level. There will be chance of stock touch its recent high around 4160 level. In case there is a pullback and price action near the support zone (3765-3800) shows some positivity, a nice R:R ratio trade can be captured. Possibility of stock dropping below the support zone is quite less and if it occures, short opportunity will be there upto the next support level. Major support zone :- 3765-3800, 3600-3625 Positional trades in the stock can be created in this week as per the trend. On the daily charts market is consolidating and there are chance of a break out. Next thursday being the monthly expiry march expiry options can be trades. Both side momentum is possible in the stock. Nifty Auto is trading around the ATH. Wait for the price action on the daily charts and enter accordingly.
NSE:EICHERMOT
by TheMamboMomentum
EICHERMOT: Bullish Momentum Indicates Potential Rally AheadEICHERMOT, as of now, exhibits a promising trend with its stock trading within a rising channel pattern. Targeting the first milestone near the all-time high resistance of 4200. If the stock maintains its position above this resistance level, there is a possibility of witnessing a more substantial rally in the future. Investors may find this development intriguing and could keep a close eye on the stock's performance.
NSE:EICHERMOTLong
by financebysujit
Eicher Motors 🚚 Swing TradeEicher Motors has experienced a downward trend over the past few days, but has recently shown signs of support with a strong bullish candle. As a professional trader, we can consider taking a swing trade by going long on the open of the next candle. To mitigate potential losses, we will set a stop loss below the support zone with a reasonable buffer. This will help us exit the trade if the market moves against us. In terms of our target, we will aim for the next resistance zone as marked on the chart. By doing so, we can potentially profit from the uptrend that we anticipate. As with any trade, it's important to exercise caution and make informed decisions. We must always be prepared for unexpected market movements and adjust our strategy accordingly. Thank you for considering this trade idea. If you found this analysis helpful, please like and follow me for more insights in the future.
NSE:EICHERMOTLong
by vt_trader
5