cup and handle like chart formed
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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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.