π Script: MAHINDCIE (MAHINDRA CIE AUTOMOTIVE LIMITED) π Nifty50 Stock: NO π Sectoral Index: NIFTY 500 / NIFTY SMALL CAP / NIFTY INFRASTRUCTURE π Sector: Consumer Discretionary / Automobile and Auto Components π Industry: Auto Components & Equipments
Weekly Time Frame
Key highlights: π‘β‘
π Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. π MACD is giving crossover. π Double Moving Averages also giving crossover . π Volume is increasing along with price which is volume breakout. π Script is giving breakout of Cup & Handle as mention is chart. π On a daily Time Frame script is giving multiple resistance breakout as mention in 2nd chart and also rounding bottom breakout is there. π Current RSI is around 73. π One can go for Swing Trade.
but now ,I think it was a false break out.
Any Update on stock?