Stock of the day : Eicher Motors Ltd by Target Rs. 315

2026-05-29 10:06:20 am | Source: Religare Broking Ltd

Stock of the day : Eicher Motors Ltd by Target Rs. 315 - Religare Broking Ltd

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Eicher Motors Ltd

BUY 7500 CE Eicher Motors Ltd CMP 214.10 Range 210-215 SL 160 Target 315

* EICHERMOT is showing strong bullish momentum after forming a broad consolidation base above its medium-term moving averages.

* Price action reflects sustained resilience, supported by repeated rebounds from key demand zones and improving structure near breakout territory.

* The rising long-term EMA continues to validate the prevailing uptrend, while higher volumes during upward moves indicate strength and investor participation.

* Investors may consider buying the stock within the recommended trading range.

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Stock of the day : Eicher Motors Ltd by Target Rs. 315 - Religare Broking Ltd

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