Eicher Motors
EICHERMOT has resumed its primary uptrend after breaking above consolidation. The stock is trading near lifetime high territory, supported by improving Royal Enfield volumes and premiumisation trend in motorcycles.
Trading above 20/50 EMA; strong bullish candle confirms breakout
Higher high–higher low structure intact
Breakout zone ₹7,700–7,800 now acts as demand area
Healthy balance sheet with strong cash position
Momentum remains positive as long as it holds above breakout support.
#EquityResearch#FundamentalViews#TechnicalViews
680 likes·31 comments

















