Eicher Motors technical analysis

According to the latest Pivot data, Eicher Motors’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹5468.33, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹5531.66, ₹5569.83, and ₹5633.16, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹5430.16, ₹5366.83, and ₹5328.66, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Eicher Motors’s price movement.