EIHOTEL - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.6

Here’s a detailed technical breakdown of EIH Ltd. (EIHOTEL) — revealing its current momentum status, price zones, and directional outlook

📈 Trend Insight

Current Price: ₹379

Trading above both 50 & 200 DMA (₹372) → suggests steady bullish undertone

Price is well below 52W high (₹447) → indicates partial recovery in progress

Trend Verdict: Consolidating with upward bias, awaiting breakout confirmation

📊 Momentum Indicators

RSI: 54.0 → Neutral zone, no aggressive momentum signals

MACD: +3.62 → Mild bullish crossover, suggesting positive bias but weak strength

Volume: ~1.86L vs 2.8L avg → Below average activity, momentum lacks conviction

These signals reflect a sideways drift, requiring stronger volume and RSI pickup for breakout.

📉 Moving Average Analysis

Average Level (₹) Commentary

50 DMA 372 Near-term support zone

200 DMA 372 Long-term support base

Trading marginally above both averages reflects stability, but not breakout intensity.

📎 Bollinger Bands Behavior

Likely hovering around mid-band, showing rangebound action

Bands moderately narrow → implies low volatility and indecision

Breakout possible on RSI > 60 with volume surge

📍 Trade Zones & Price Action

Zone Type Price Range (₹) Strategic Insight

Entry Zone ₹368–₹374 Accumulate near moving averages

Resistance ₹410–₹447 Major ceiling; includes 52W high

Exit Target ₹455–₹470 If bullish breakout sustains above resistance

Support Zone ₹342–₹360 Safety net if consolidation extends

Stop-loss suggestion: ₹338

🧾 Fundamental & Institutional Cues

FII ↓ 0.16%, DII ↑ 0.14% → mixed sentiment from large players

EPS ₹11.8, P/E 30.9 < industry average (37.4) → reasonably valued

PEG Ratio 0.33 → attractive from growth-adjusted valuation angle

Debt/equity at 0.06, strong ROE & ROCE → solid financial structure

🧭 Conclusion

EIHOTEL is showing neutral-to-bullish technicals, supported by steady DMA alignment and modest momentum. Volume and RSI are lagging, suggesting consolidation. Tactical entry near ₹370 could target ₹445+ in bullish continuation — but breakout confirmation demands improved participation and RSI strength.

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