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EICHERMOTMARKET OUTLOOKSTOCK OUTLOOK

Eicher Motors Outlook for the Week (September 18, 2023 – September 22, 2023)

Eicher Motors
Eicher Motors
Eicher Motors closed the previous week on a negative note losing 4.06%.

Technically, Eicher Motors share price will see immediate support at 3,340.83 and immediate resistance would be seen at 3,480.73.

If Eicher Motors share price closes below immediate support of 3,340.83, then sharp breakdown can be seen. Eicher Motors share price will see major support at 3,254.47 for the week.

On the positive side, immediate resistance will be seen at 3,480.73. Closing above 3,480.73, Eicher Motors share price will see a sharp breakout. Major resistance for Eicher Motors share price will be seen at 3,534.27 for the week.

Trading range for Eicher Motors share price for this week should be between 3,200.93 on down side and 3,620.63 on up side.

Eicher Motors Previous Week High: 3447.9

Eicher Motors Previous Week Low: 3308

Eicher Motors Previous Week Range: 139.9 Points

Eicher Motors share price support and resistance for the week (September 18, 2023 – September 22, 2023)

Level Type Value
Resistance 3 3,620.63
Resistance 2 3,534.27
Resistance 1 3,480.73
Support 1 3,340.83
Support 2 3,254.47
Support 3 3,200.93

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