cup and handle like chart formed
Updated
closing above 780 would make the breakout on daily chart.
SL: 750
Target: 860/900/975/ATH.
Reason: New Launches , Govt. PLI scheme .
Risk : Auto Industry facing Semi conductor Issue which may resolved by the mid of next year.
SL: 750
Target: 860/900/975/ATH.
Reason: New Launches , Govt. PLI scheme .
Risk : Auto Industry facing Semi conductor Issue which may resolved by the mid of next year.
Note
Mahindra & Mahindra: The company is weighing options to raise funds for its Automobili Pininfarina unit as it seeks to bring a delayed $2.2 million electric hypercar into production, people with knowledge of the matter said.
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