Hindustan Motors: Small Cap Stock Analysis
Hindustan Motors Limited (Hindustan Motors)
Market Cap: ₹737 crore
Current Market Price (CMP): ₹35.35
52-Week High/Low: ₹48.60 / ₹12.65
Average PE Ratio: 28.98
Technical Analysis:
Daily Frame: The stock is crossing below its middle Bollinger Band, indicating a potential slight correction.
Support Levels: The stock may find support in the ₹25-₹30 range.
Overbought Zone: Currently, the stock is almost in an overbought zone.
Opportunity: A small correction could present a buying opportunity.
Watchlist Recommendation
Considering the technical indicators and current market position, Hindustan Motors can be added to your watchlist for potential investment opportunities following a correction.
Disclaimer
The above analysis is based on historical data and technical indicators. It is important to conduct your own research or consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and all investments carry risk.
#HindustanMotors #SmallCapStocks #StockMarket #TechnicalAnalysis #Investing #Finance #MarketCorrection #Watchlist
Market Cap: ₹737 crore
Current Market Price (CMP): ₹35.35
52-Week High/Low: ₹48.60 / ₹12.65
Average PE Ratio: 28.98
Technical Analysis:
Daily Frame: The stock is crossing below its middle Bollinger Band, indicating a potential slight correction.
Support Levels: The stock may find support in the ₹25-₹30 range.
Overbought Zone: Currently, the stock is almost in an overbought zone.
Opportunity: A small correction could present a buying opportunity.
Watchlist Recommendation
Considering the technical indicators and current market position, Hindustan Motors can be added to your watchlist for potential investment opportunities following a correction.
Disclaimer
The above analysis is based on historical data and technical indicators. It is important to conduct your own research or consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and all investments carry risk.
#HindustanMotors #SmallCapStocks #StockMarket #TechnicalAnalysis #Investing #Finance #MarketCorrection #Watchlist
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.