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IIT-Trader
Feb 22, 2024 2:14 PM

EICHERMOT Analysis 

EICHER MOTORSNSE

Description

----->>this stock is continuously moving upwards...
---->>now this stock is facing the resistance from 4200 level, a fall back is noticed.
on bottom side we find a support zone identified at 3700 and also the trendline is pushing the price upside.
------->>keep in long side as long as price is above the trendline and support zone.
If price breaks the trendline then look for short side below the support levels, after a rejection from support level at 3700.
Comments
IIT-Trader
what do you think about this idea??
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