Big Breakout Jamuna Auto stock is making higher high + break out after 2018.
target 1 - 120
target 2 - 135
target 3- 168..
Autosector
#niftyauto breakout confirmation Nifty auto index is showing. A firm confirmation of breakout from the previous resistance and also from a double bottom W pattern.
The last weekly candle is wide range bullish open = low pattern. The momentum and trend is bullish on all timeframes.
From the fundamental side covid recovery and festive sales could help stocks in the sector to sustain the bullishness in the short term.
Inverted Head and shoulder pattern in TVS MotorsGo long if TVS Motors breaks the neckline , it will be good swing trade as the pattern is found on 1hr time frame.
Ashok Leyland geared up for 141.35 and ABOVE targetsHolding this stock for quite a long time. Targets of 150+ can also be achieved soon.
DO YOUR OWN RESEARCH BEFORE INVESTING OR TRADING.
AMARAJA BATTERY TRADE PLAN: 11 OCT 21 ONWARDSLevels as mentioned on the chart with probable Price Action to follow....PATTERN: INVERSE HEAD & SHOULDER
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TATA MOTOS | Weekly1) Cup & Handle Breakout.
2) Breakout supported with good volumes.
3) Momentum indicators giving green signals.
4) NIFTY AUTO has given weekly breakout.
Auto sector stocks should give good move in coming days!!
Auto sector analysis Auto sector near/at supply zone area from almost 8 months.
Chances are high for breakout if happens then ready to buy auto sector stocks to book good handsome profit.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON TATAMOTORS.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
BUY M&M - POSITIONAL TRADELevels marked on Charts
Disclaimer: All Charts are for educational purpose, consult your financial advisor before investing.
Bajaj Auto Trade Setup For TomorrowBajaj Auto has already given the breakout, 3900 level was the strong resistance,
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And Bajaj Auto share already broke the level on today.
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So for tomorrow we can expect the good move and it wil more strong, once it goes above 4000,
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Short term targets is 4200.
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What's your view on this comment below in the box.
Mahindra & Mahindra Bullish Flag Breakout M&MBullish Flag breakout in M&M after six months consolidation on monthly chart & on weekly chart as well.
Auto index also gave breakout and looks bullish on daily chart.
Resistance levels to watch is 822, 850.
Mahindra & MahindraMahindra & Mahindra keep an eye, the Auto sector can perform well in the coming weeks
NIFTY AUTO | Analysis | Pinbar at support#CNXAUTO #Nifty
- Auto index looks bullish with good risk reward at current
- Bullish view until next resistance
Bajaj Auto showing a big divergence in RSIOn wedenesday the goverment of india also rs 26,058 crore for PLI(production-linked Incentive) scheme for auto, auto component industry and drone industry to enhance manufacturing in india.
RSI of NSE:BAJAJ_AUTO also showing a positive divergence in its daily chart. You can go for long on the daily chart of the bajaj auto. With the stop loss of 3805 because of its fibonacci retracement levels.
Breakout from channelOn hourly chart, stock broke the channel and is ready for upside.
If you initiate trade, keep SL as 707 TP - 743 and 752
MARUTI SUZUKI BEARISHMaruti suzuki bearish Maruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearish
TATAMOTORS ready to gear top!!Tata motors is taking support from its trendlinens well as from 200EMA , moreover rsi is as low as 33.
BUY M&MBuy Mahindra & Mahindra 800-825 Zone
Targets 870, 935++
SL below 725
Trail Stop Loss once in Profits
Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
TATA MOTORS FOR SWINGTATA MOTORS fell very sharply and now it is forming a base at a very strong demand zone. Also, we can see the candles with the wicks. Another point is that the scrappage policy can trigger upside movement in the Auto sector so watch out for the TATA MOTORS.
Eicher Motors in a very crucial levelEicher motors is taking support at very crucial point and if it goes down from here a breakdown can be expected with the levels mentioned, 2407, 2261, 2014.
P.S : Ignore that head and shoulder, its effect has already be done.
A different take on Zomato's IPO and its impact on cosIf Zomato's business grows, there's a chance they will require motorcycles. Hero and Bajaj are two leading two-wheeler makers. They also have stakes in EV companies. Another level of looking at it is to look at battery stocks which might also be an interesting proposition. What do you feel?
TAMO - Out of all the trendline mess area
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