📈 Balkrishna Ind. 📉 My Findings :- 1. Breakout from a swing high and Resistance Zone. 2. Close above March high. 3. Higher High and Higher Low formation. 4. Auto Sector is in Uptrend. Bias- Long Target- 2397, 2516 and 2692 SL- 39450 RR- 1: 2.5 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing basis. Disclaimer...
📈 Maruti 📉 My Findings :- 1. Breakout from a Resistance Zone. 2. Double Bottom Formation. 3. Higher High and Higher Low formation. Bias- Long Target- 8210, 8697 and 8952 SL- 7350 RR- 1: 2 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing basis. Disclaimer : Consult Your Financial Advisor Before Taking Any...
📈 HoneyWell Auto 📉 My Findings :- 1. Breakout from a Resistance Zone after testing three times. 2. Close above March high. 3. Double Bottom Formation. 4. Higher High and Higher Low formation. Bias- Long Target- 42270, 43302, 44885 and 46110 SL- 39450 RR- 1: 2 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing...
📈 TVS Motors 📉 My Findings :- Breakout from a Resistance Zone in third attempt with a strong green candle. Bias- Long Target- 709, 754 and 813 SL- 7350 RR- 1: 2.5 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing basis. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:M_M Hi Everyone This is an continuation forecast update for Mahindra & Mahindra. Please follow us with likes and comments. Thank You
📈 Escorts Ltd. 📉 This Stock broke Down from a Down Trending Chanel after testing three times. It was in consolidation inside Channel since last four months and today that ended on Short side So I am biased on sell side as todays candle closed is strong red. On Sell Side I am looking for Targets of 1595 and 1434. StopLoss should be kept at 1860. It offers 1...
Ashok Leyland after a big rally it has tried to settle down at higher levels and now looks good for another rise. It is a buy at CMP for targets of INR 110+ and Stop Loss of INR 87
There is breakout in Eicher Motor with RSI breaching above 60 and MACD crossover could see the levels of 2660 and 2670 soon. Long Eicher near 2625-2630 with sl 2600
BALKRISIND has reached supply zone in daily timeframe. A short trade around 2480 with SL of 2540 looks good as it has made back to back 10 green candles and now the momentum seems to slowing down after entering demand zone. Targets 2400,2360,2320. A bear put spread can also be used to enter this short trade if liquidity in option prices permits.
Hi This is our weekly forecast, in this we are updating our weekly neowave view for bank nifty and 8 stocks. If anything changes in the count we will update you next week if you have any query, than write in comment box. Thank you.
ACGL broke 200 ma , retested , now moving towards 900 level. (weekly chart-may take some time) SL below 200 ma ,as per ur risk taking ability. just for learning purpose. use ur own analysis
Stock is rising in an impulsive manner and currently is in 4th wave. One should buy the stock with SL of 2560 & look for the target of 3000-3050.
As the EV game is getting stronger we must have one of them in our portfolio. The leader of the EV pack TESLA. They have produced magnificent numbers in terms of sales literally making it 2x compared to last year. Recent upgrades by Morgan Stanley etc. The company is rewriting the mechanism of the chips , clearly taking advantage of the chip shortage crisis.
#menonbearing Menon bearing is forming Inv Head and shoulder on daily charts. Entering and adding all dips till 87 #vr
Daily chart of Eicher motors shows double resistance breakout plus double bottom formation Auto Sector shows breakout too Overall market seems strong till 17620 levels atleast Can enter @2570 after a healthy retest with target around 2743 Main strict SL @2546 closing basis as there is chip shortage going on in auto sector. FOLLOW FOR MORE IDEA LIKE AND COMMENT...
Comment down your stock for my analysis.. Tata Motors Limited is an automobile company engaged in manufacture of motor vehicles. For Entry SL below the TRendline For Exit TGT near recent High NSE:TATAMOTORS
#LGBBROSLTD #LGBBROS #LGBROS LG Balakrishna. No. 1 OEM Supplier for drive chains of 2 wheelers. Looks good on chart. I will enter at day close if candle looks good. SL Will be tight and strict, as broader market is dicey. Can be taken for long term folio as well, fundamentally good. !! #vr
can have it in the watchlist for a pretty good return in the coming months