Eicher motors view for next week 25/04/22.

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.


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