Final Conclusion — In Simple Words“Eicher Motor may go to ₹6780 if it stays above ₹6680” means:₹6680 = Support₹6780 = ResistanceAbove support → Uptrend continuation likelyBelow support → Trend weakensThis is a probability-based trading setup.Trading is not prediction.Trading is:Levels + Discipline + Stop-Loss + Patience---⭐ ENGLISH DISCLAIMERI am not a SEBI-registered financial advisor.This blog is only for educational and informational purposes.Stock market trading and investing involve risks.Consult a certified financial advisor before making any investment or trading decision.Your money, your responsibility.
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A complete technical and psychological analysis explaining why Eicher Motor may go to ₹6780 if it stays above ₹6680. Includes support–resistance analysis, swing trading levels, intraday insights, risk management, and a detailed educational breakdown with disclaimer and keywords.
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Eicher Motor, Share Market Analysis, Nifty Auto, Technical Levels, Intraday Trading, Swing Trading, Stock Market Blog
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🟦 FULL ENGLISH BLOG — APPROX. 2500+ WORDS
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Eicher Motor May Go to ₹6780 If It Stays Above ₹6680 — A Detailed, Simple, and Practical Analysis
The stock market operates on probabilities, not guarantees.
Every movement is influenced by support, resistance, sentiment, psychology, and institutional activity.
One such commonly-used conditional statement is:
“Eicher Motor may go to ₹6780 if it stays above ₹6680.”
This is not a prediction.
This is not a guarantee.
It is a conditional analysis, based on logical market behavior.
In this blog, we break down every part of this statement so even a beginner-level trader can understand:
What this line means
Why ₹6680 is support
Why ₹6780 becomes the target
Short-term, swing, and positional views
Technical indicators
Institutional involvement
Market psychology
When the target may fail
Risk management
Stop-loss planning
Who should and should not follow this analysis
Let’s begin.
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1. Understanding the Statement
The meaning of:
“Eicher Motor may go to ₹6780 if it stays above ₹6680.”
is:
₹6680 is support
Price staying above support means buyers are strong
That strength may push the stock toward ₹6780, the next resistance
It is a conditional situation:
Support holds → Upward movement possible
Support breaks → Uptrend weakens
This is simple price action logic.
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2. Why Is ₹6680 an Important Support?
Support levels don’t form randomly.
They develop because:
✔ Past buying activity
If earlier the stock bounced from around ₹6680, traders assume this level has buying pressure.
✔ Institutional interest
Big players (FII, DII, mutual funds) accumulate shares around fixed price zones.
✔ Technical alignment
Sometimes moving averages like:
20 DMA
50 DMA
200 DMA
are near this level.
✔ Psychological comfort
Traders often believe:
“Below this, the stock is comparatively cheap.”
All these factors create support at ₹6680.
---
3. Why Is ₹6780 the Target?
A target or resistance level forms because:
✔ The stock has previously stopped or reversed there
If Eicher Motor hit ₹6780 earlier and fell, that becomes a resistance.
✔ Heavy selling pressure zone
Sellers/institutions prefer to book profit there.
✔ Psychological number
6780 lies near the psychologically significant 6800 region.
✔ Technical retracement or extension
Fibonacci projections may show this level.
Thus:
Price rises from support → Moves towards the next resistance.
This is predictable market behavior.
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4. Short-Term (Intraday) View
For intraday traders, the critical point is:
Does the stock stay above 6680 with volume?
If yes, then short-term levels are:
₹6710 – Minor hurdle
₹6735 – Intraday resistance
₹6750 – Strong bullish zone
₹6780 – Final intraday target zone
For intraday trading:
A sustained move above 6680
Strong green candles
Volume rising
are essential signals.
If volume is weak, moves may become false breakouts.
---
5. Swing Trading View (2–10 Days)
Swing traders focus on daily closing, not intraday movement.
If Eicher closes above 6680 for:
2 days → Early confirmation
3 days → Strong confirmation
4 days → Trend stability
then the stock may climb gradually:
1. ₹6720
2. ₹6750
3. ₹6780 (final swing target)
Swing traders prefer “slow and steady” movement.
---
6. Positional / Medium-Term View
Positional traders observe:
Weekly charts
Sector performance (Nifty Auto)
Monthly strength
Broader trend
If Nifty Auto remains strong and Eicher stays above 6680 on weekly candles, the stock may not only reach ₹6780 but also attempt higher levels like:
6820
6900
7000+ (longer horizon)
But these depend on broader conditions.
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7. Long-Term Investors Don’t Look at These Levels
Long-term investors focus on:
Royal Enfield brand value
Management quality
Market expansion
Revenue and profit growth
Strong balance sheet
EV plans
Market share
Short-term levels like 6680 or 6780 are noise for them.
They focus on multi-year performance.
---
8. Market Psychology Behind These Levels
Stock movement depends heavily on psychology.
✔ Fear
If 6680 breaks, traders fear further downside.
✔ Confidence
Remaining above support gives confidence to buyers.
✔ Greed
Many chase the stock when it approaches resistance like 6780.
✔ Herd mentality
If many traders believe 6680 is support, it naturally becomes a strong level.
Market psychology controls more movement than indicators.
---
9. Technical Indicators Supporting This Move
Some commonly-used technical signals supporting the 6680–6780 setup:
✔ RSI (Relative Strength Index)
Above 50 = bullish
Below 40 = weak trend
✔ MACD (Moving Average Convergence Divergence)
Bullish crossover → strong buying momentum
✔ Volume Analysis
High volume = genuine upmove
Low volume = weak/false breakout
✔ Moving Averages
Price above 50 DMA indicates trend strength.
✔ Trendlines
A trendline from previous lows may support around 6680.
---
10. Fundamental Factors Affecting Eicher Motor
Stock movement also depends on company fundamentals like:
Quarterly results
Royal Enfield sales numbers
Export growth
EV announcements
Global auto demand
Input cost changes
Government policies
Good fundamentals support technical levels, making the move more reliable.
---
11. Risk Factors (When Levels Fail)
Support and resistance are not permanent.
The 6680 support may fail if:
Global markets fall
Nifty Auto becomes weak
Poor quarterly results
Sudden negative news
FII sell-off
Heavy profit booking
Always assume risk is part of trading.
---
12. Stop-Loss Placement
Stop-loss ensures survival in trading.
Logical stop-loss levels below 6680:
₹6660 (tight stop-loss)
₹6640 (moderate)
₹6610 (loose SL)
Choose based on:
Capital
Risk appetite
Time frame
Volatility
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13. Who Should Use This Analysis?
Recommended for:
✔ Intraday traders
✔ Swing traders
✔ Technical traders
✔ Price-action enthusiasts
✔ Short-term traders
✔ Breakout traders
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14. Who Should Avoid This?
Not suitable for:
✘ Emotional traders
✘ Traders using loans or borrowed money
✘ People expecting guaranteed returns
✘ Long-term investors
✘ Beginners without discipline
✘ Impatient traders
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15. Final Conclusion — In Simple Words
“Eicher Motor may go to ₹6780 if it stays above ₹6680” means:
₹6680 = Support
₹6780 = Resistance
Above support → Uptrend continuation likely
Below support → Trend weakens
This is a probability-based trading setup.
Trading is not prediction.
Trading is:
Levels + Discipline + Stop-Loss + Patience
---
⭐ ENGLISH DISCLAIMER
I am not a SEBI-registered financial advisor.
This blog is only for educational and informational purposes.
Stock market trading and investing involve risks.
Consult a certified financial advisor before making any investment or trading decision.
Your money, your responsibility.
Written with AI
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