EICHER MOTORS LTD
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EICHERMOT Technical Analysis

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🏍️ EICHERMOT Technical Analysis (Daily Chart) – May 30, 2025

Current Price: ₹5,333.00
Change: -₹46.00 (−0.86%)

🔍 Chart Insights:

Trendline Support Test: Price is hovering near a key ascending trendline. A breakdown could trigger a deeper correction.

Possible Scenarios:

1. Bullish Bounce: If the trendline holds, a bounce back toward the recent highs is possible.


2. Bearish Breakdown: If broken, downside targets are marked at:

₹4,508.75 – Major support and first demand zone.

₹4,253.85 – Extended downside target if selling pressure increases.

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