Search+Investment IdeasSynopsisEicher Motors has broken out of a two-month consolidation phase, with experts suggesting a target of Rs 8,000 for short-term traders. The stock has shown strong upward momentum, trading above key moving averages and exhibiting bullish indicators like the MACD crossover. Analysts recommend accumulating the stock in the ₹7,580–₹7,500 zone with a stop loss at ₹7,300.Eicher Motors Ltd, part of the automobile industry, broke out from a near 2-month consolidation phase on the daily charts which has opened room for the stock to head higher.Short-term traders can look to buy the stock for a target of Rs 8,000 in the next few weeks, suggest experts.The stock hit a high of Rs 8,232 on 27th February 2026, but it failed to hold the momentum. It closed at Rs 7,601 on 18th June 2026 which translates into a fall of BYETMarkets.com 3 mins read, Last Updated: Jun 23, 2026, 03:59:00 PM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership