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Finkhoz Roboadvisory Services

22nd Jun · SEBI-Registered Analyst

$EICHERMOT

$EICHERMOT is exhibiting strong bullish momentum after a decisive breakout above the ₹7,500–7,600 resistance zone. The stock is trading comfortably above all key moving averages, with the 5, 9, and 13 EMAs aligned positively, indicating a sustained uptrend. RSI at 67 reflects strong buying interest without entering extreme overbought territory, while the MACD remains in bullish territory with expanding positive momentum. Although ADX at 16 suggests the trend is still developing, the recent breakout and higher-high, higher-low structure point towards further upside

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