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EICHER MOTORS LTD
Long
Apr 23, 2022
Eicher motors view for next week 25/04/22.
0
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Eicher motors has taken resistance from a trend line.
On a 4 hour time frame, the 20 and 200 ema has converged and a bullish candle a weekly time frame shows some bullish trend.
Support:- 2570, 2455
Resistance:- 2720, 2760
Wait for the trend line break out and 4 hour moving averages cross over.
Swing and intraday trades can be initiated on this setup.
Wait for the price action near the levels for confirmation.
TheMamboMomentum
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BANKNIFTY
eicheranalysis
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Moving Averages
Multiple Time Frame Analysis
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Support and Resistance
TheMamboMomentum
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Eicher is trading in a range.
by TheMamboMomentum
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