Like always the chart should tell you everything you need to know about Motherson. Now for the readers, here are some pointers: - The price broke a structure in June to rally about 20% - Currently, it is at a very crucial point. The previous strong support is now acting as a strong resistance. - The 100 rupee mark is also a strong psychological resistance for...
After NiftyAuto n its stocks saw nice momentum, now with good results in Auto proxy Ancillaries sector, stocks are also performing: Balkrishna Ind, Amara raja, Exide, Uno Minda, JBM Auto, Lumax, Rico auto showing good demand. Now come to MSUMI analysis, why it can give returns? FA: -First of all decent growing QoQ, YoY and overall FY24 growth results for the...
A Strong Breakout by Rico Auto Looks like it will double from here !! 200 looks coming soon. Support Area is 83 level
NSE:BOSCHLTD Breakout of the tradeline in weekly time frame... can give a decent return on long position.... What's your view?
Tata Motors Limited is an automobile company engaged in manufacturing motor vehicles. TTM EPS: 31.98 TTM PE: 19.61 P/B: 0.73 Mkt Cap (Rs. Cr.): 208,392 Dividend Yield: 0.32 Sector PE: 52.69 Book Value Per Share: 863.26 Some Positives: Strong Momentum: Price above short, medium and long term moving averages Strong Annual EPS Growth Good quarterly growth...
I believe there is a fantastic opportunity to take a bullish stance on EICHERMOT.
NSE:TVSMOTOR TVS Motor Company is an Indian multinational motorcycle manufacturer headquartered in Chennai. It is the third-largest motorcycle company in India in terms of revenue. The company has annual sales of three million units and an annual production capacity of over four million vehicles. TVSMotor formed Bearish engulfing candlestick pattern after an...
M&M have all of a sudden have changed their car designs etc and launching several other cars the different different segments. Good long term bet for 100% return Target : 1500++
An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs. Ascending Channels: How to Trade This Technical...
NSE:MOTHERSON looks very strong on charts. The rally is sustainable in my opinion as the auto sector is in tailwinds and is doing well at the moment. The share formed a double bottom around 60 and has since rallied back up. Previous high could be a good target and therefore, levels of 120 can be expected in the coming months. If the stock breaks above 120, then...
Killer setup here in bajaj auto everything explained in chart take help from your advisor
Atul Auto is on his way to achieving the target 478 / 509 🎯 Note : This is just for Backtesting and Educational Purpose Only.
BAJAJ-AUTO:- Ascending triangle pattern has formed, wait for breakout, till then keep an eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get...
ndr auto component given good break out and making new highs , charts looks good and company catering to auto sector looks for buy on dips cmp 676 pyramiding prefered till 560 with stop at 500 for multibagger return.
TALBROS AUTO READY FOR HIGHER UPSIDE : 52 weeks of sideways looks ready to be broken for the better !! tight PA on the right side signals chances of a BO are higher with the volume to coming to a standstill ( so to say ) CMP - 551 Resistance - 570 Target - 630 SL - 535
Mahindra auto breaks 15 year trend line. and closed strongly in monthly candle. for stop loss and target comment below.
Tata Motors has formed a parallel rising channel in which the stock has fallen from the top resistance. In addition to this, the stock today (16/09/2022) broke its 200D EMA and is ready for another 6/7% fall according to the setup & support of the rising channel. One can short at: CMP - ₹425 Target - ₹ 410 / 400 / 390 SL - ₹ 445( closing basis ) ...
When auto index at ATH triangle pattern proper consolidation airbag theme play Golden crossover many good factors Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.