ASHOKLEYLAND LONGAshok Leyland taking support at 20D SMA and showing clear signs of Cup with Handle on a weekly basis. Expect to make new highs above 165 soon.
Automobile
LONG trend reversal expectedMINDAIND has take support over the green line. the line has acted as a strong support many times in the past.
today we can see a reversal happening.
if good vol accompanies we can take a long position.
targets are given as T1, T2, T3.
SL can be kept below the support line.
kindly perform own analysis and tell me what you think
Happy Trading!
IGRASHI MOTORS--> Moving inside a channellong trade on touching its lower channel can provide a good risk reward ratio tbh
Sell tata motors for target of 265 at Market priceHello Traders,
Tata motors has breached weekly resistance and seems strongly bearish. I recommend selling it for target of 265.
Trade setup:
Sell Tatamotors future 26-August Expiry.
Sell price: 284-286
Target: 264
SL: 304.60
Mahindra and Mahindra has formed a good pattern, good swingMahindra and Mahindra has been going down for a long time and now it has formed a pattern, if it reaches the support zone, we can expect a good up move to 800-850 range.
Escorts Share Bullish BreakoutEntry CMP: 1210-1240. Target 1: 1316, T2: 1385, T3: 1469. STOPLOSS: 1166. Volumes looking Good, Opening and Closing in intraday chart looks solid, amazing entry and upside expected.
Eicher Motor Long Set-up> Stock has reversed its down trend and has given a breakout.
> Trading above key moving averages.
> Volumes look good as well.
> Bullish RSI
***Tgram: Stocks101
Tata Motor , long till 330tata motor on sat shows double botton rejection , can open gap up on monday , what's your thoughts?
Head and shoulder patternSell on breakdown below 225 for Target- 200
Levels well mentioned on the charts clearly, REMEMBER -This is my personal opinion and does not guarantee any success,do your own research before you actually trade in this stock
Bullish Flag pole 🚩Target Level taken from Historical weekly Resistance, pls do comment, like and share if you like my Analysis
Safe and sound -intraday 8th MarchBuy Tata Motors around 321-322 for a target of 327/329/331 with stop loss at 318 as it has taken multiple times support at 318-320
6 Aug 2020 to 11 Aug 2020 Bajaj - AutoLevels are indicated on chart . If you used the chart let me know how it helped
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For more info reach out to me
For education purpose , refer to your analysis before proceeding
TVSMOTOR - intraday - 10-08-2020Buy above 424
Target - 430
SL - 420
Disclaimer:
All charts are purely for educational and information purpose only.
Invest or Trade with the help of your financial advisor or on your own risk.
important levels to trade i m&m red marked level are important fo intraday
wwhile in blue are positional imortant lvels
apollo tyre a fundamentall short on rally apollo tyres 119 to stop for 65 /62 target zone with stop trail
Heromotocorp Investment PickAs shown on a Monthly time frame NSE:HEROMOTOCO , the stock is both at strong bullish reversal and at resistance. With muted Q2 2018 results, the stock might dip towards 50% retracement of the last candle, which should be accumulated with given stop loss for a R:R of 2+
MARUTI suzuki ( investment and trading perspective)maruti suzuki is going through tough times and may see even more panic
but as its market leader will surivive and emerge victorious
although may take time but still nothing wrong to stay in it
Automobile Sector - Leading and Outperforming Companies (3)As per the Auto Index chart, it is consolidating in a downward diagonal channel, but there are companies in auto sector, (industrywise) which may outperform due to their strong fundamentals.
In Automobile Sector - Leading Companies Industrywise
1. AshokLeyland (Commercial Vehicle)
2. Jamna Auto/Automotive Axles (Auto Ancillaries)
3. VSTTractors/ Escorts (Tractors)
4. Maruti (Cars)
5. Eicher Motors /Hero Motorcorp (Motorcycles)
They above listed have consistent profits, good growth and almost no debt.
