EIHOTEL - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.2

Here’s a detailed technical analysis of EIHOTEL (East India Hotels Ltd.)

📊 Trend Overview

Current Trend: Trending upward with mild consolidation

Price is above both 50 DMA (₹391) and 200 DMA (₹379), confirming a bullish structure.

RSI at 53.0 is neutral-to-bullish, indicating steady momentum.

MACD at 3.92 shows a positive crossover, suggesting early bullish momentum.

📈 Technical Indicators

Moving Averages

Price (₹401) > 50 DMA (₹391) > 200 DMA (₹379): Golden crossover confirmed

RSI (53.0)

Neutral zone. Momentum is stable with room for upside.

MACD (3.92)

Positive crossover. Momentum is building.

Bollinger Bands

Price near middle band, indicating low volatility and consolidation.

Volume Trends

Current volume (1.58L) < 1-week average (2.38L): Declining participation

Suggests consolidation phase, not aggressive buying.

🔍 Short-Term Momentum Signals

Neutral to Bullish Bias

MACD and price above key moving averages support mild upside.

RSI suggests room for momentum to build.

DII inflows (+0.14%) add to sentiment despite mild FII trimming.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 391 50 DMA, short-term base

Support 2 379 200 DMA, medium-term base

Resistance 1 415 Minor psychological barrier

Resistance 2 430 Recent swing high

Resistance 3 442 52-week high

🎯 Entry & Exit Zones

Optimal Entry: ₹390–₹400 (on dips near support)

Exit Zone: ₹430–₹442 (partial profit booking)

Aggressive Target: ₹460+ if breakout above 52-week high sustains

🧭 Summary

Trend: Bullish with mild consolidation

Momentum: Building, supported by MACD and moving averages

Outlook: Favorable for swing trades; breakout above ₹415 could trigger next rally

Valuation: Reasonable P/E (34.9) vs industry (37.5), strong ROE/ROCE, low debt, and solid profit growth (+54%) support continued technical strength

Let me know if you’d like a simulated trade setup or visual chart based on this analysis.

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