TATA MOTORS (D) Is the tide turning positive for Tata Motors?
After witnessing some volatile sales numbers Tata Motors began 2018 with a strong note posing a healthy 43 per cent spike in January volumes at 59,441 units, led by strong demand for both commercial as well as passenger vehicles sales. Moving to the charts we observe that the trends have been steadily heading lower and has now tread into strong supports around 383 and is now rebounding higher. The current trends are showing that we could now be envisaging a strong rebound. Click here to read more...
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Buyers Excitement Can lead to Testing the Higher Resistances!By Looking at the activity while Gap filling, it seems large Institutions are accumulating and are in control to push the limits of TATAMOTORS . Target 1 can be achieved the during the next session and the Target 2 Can be achieved the 2nd Day. Index Direction May influence the Direction of the trade, So Place the trade Looking at the overall market conditions!
Long Term Investment The Brokers wont Tell UDear Investors(Not Traders)
The Engineering field is in fast development and New innovations and refined technology is evolving every day,Recently scientists developed polymer based solar cells (very cheap) with 13% efficiency solar and is in production now.The traditional solar cells are very costly and only 3 to 5 % efficiency.
Another development is in the field of Storage battery which is claimed that the current Lion Battery Technology(mobile Battery) is refined to get four times the capacity with reduction in price almost less than half.
Combining the above technologies in auto sector You will have a sedan cars in roads with a 500 to 1000 km range in a single charge and getting more km with the roof top solar cells from rupees 10 lakhs onwards by 2020 to 2025
Suzuki still not launched any electric vehicle in India.
Now a days New business bombarding the market and trying to wipe out the existing players,like Reliance JIO,PATANJALI.
At present Mahindra had an electric vehicle in the Indian market.If suzuki is not introducing any electric vehicle in the market very soon Tesla the US company(Have very good relationship with Hon.Prime minister of India Mr.Narendra Modi) will Bombard the Indian auto market and maruti is going to meet the fate of Hindustan Motors (Ambassador).
Your comments and likes are welcome
Wish all of U HAPPY ECO DRIVE
Apollo TyreApollo tyres CMP 222
The stock is today giving some signs of reversal from trend line resistance.
One may consider
selling Apollo Tyres April series
Call Option
Lot size 3000
Strike Price: 230
CMP :3.5
Margin requirement: Rs 96000/- approx
Max profit potential Rs 10500 /- per lot
Thats a potential of 10.9% on margin amount
Holding period: till 27th April 2017
Risk of stock rising is covered till 233.5 on Spot levels till April Expiry day...
Take care and safe trading...!!!
JMT AUTO
Chart on Demand.It looks like downtrend but at strong support.
Good RR but very Risky
The information is for educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced by me. The information provided through my charts are for personal, non-commercial, educational use and display.
Ashok Leyland - Sellers in ControlIt is been observed on the weekly chart that the price action reversing at 91 levels where seller came into the market and took control over the price action. Now, it is been observed that this week price action shall break below current support levels of 75 and shall move down to previous support levels at 68.50 - 65.50.
Target1: 72.50
Target2: 68.50
Stoploss: 83.25