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Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for Eicher Motors. Last week the stock surged 3.8 per cent. This rise has taken the share price well above a key resistance level of ₹5,420. It also indicates that the corrective fall has ended, and the broader uptrend has resumed. Support for the stock is now in the ₹5,450-5,400. Intermediate dips are likely to find fresh buyers coming into the market. Eicher Motors share price can rise to ₹5,700 initially and then to ₹5,900 eventually in the coming weeks. Traders can buy Eicher Motors now at ₹5,553.
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