EICHERMOT Outlook for the Week (November 11, 2024 – November 15, 2024)
Eicher Motors closed the previous week on a negative note losing -4.34%.
Technically, Eicher Motors share price will see immediate support at 4,688.73 and immediate resistance would be seen at 4,948.38.
If Eicher Motors share price closes below immediate support of 4,688.73, then sharp breakdown can be seen. Eicher Motors share price will see major support at 4,592.22 for the week.
On the positive side, immediate resistance will be seen at 4,948.38. Closing above 4,948.38, Eicher Motors share price will see a sharp breakout. Major resistance for Eicher Motors share price will be seen at 5,111.52 for the week.
Trading range for Eicher Motors share price for this week should be between 4,429.08 on down side and 5,208.03 on up side.
Eicher Motors Previous Week Open: 5002.45
Eicher Motors Previous Week High: 5015
Eicher Motors Previous Week Low: 4755.35
Eicher Motors Previous Week Close: 4785.25
Eicher Motors Previous Week Range: 259.65 Points
Eicher Motors share price support and resistance for the week (November 11, 2024 - November 15, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 5,208.03 |
| Resistance 2 | 5,111.52 |
| Resistance 1 | 4,948.38 |
| Support 1 | 4,688.73 |
| Support 2 | 4,592.22 |
| Support 3 | 4,429.08 |
