Eicher Motors - Pennant BreakoutEicher Motors, on hourly time frame we have seen breakout - pennant breakout. We can expect the price to move to 4300-4500. Other paramters:
1. MACD is making green histograms
2. RSU is positive above 60
3. Volumes are increasing
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Eicher Motors19/4 educational purpose only
Eicher Motors
cmp 2483.95
can sell at cmp or on rise at around 2525/2530 (20ma/hourly is at 2534.35)
sl above 2550 (50ma/hourly is at 2550)
targets around 2400 & 2250 (200ma/hourly is at 2416.05)
(the charts look weak but the support zone between 2401.60 & 2407.85 looks
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The current price of Eicher Motors Futures is 7,053.75 USD — it has risen 0.20% in the past 24 hours. Watch Eicher Motors Futures price in more detail on the chart.
Track more important stats on the Eicher Motors Futures chart.
The nearest expiration date for Eicher Motors Futures is Oct 28, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Eicher Motors Futures before Oct 28, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Eicher Motors Futures this number is 90.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Eicher Motors Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Eicher Motors Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Eicher Motors Futures technicals for a more comprehensive analysis.