BUY M&M - POSITIONAL TRADELevels marked on Charts
Disclaimer: All Charts are for educational purpose, consult your financial advisor before investing.
Autosector
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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➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
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Eicher Motors breakout retest with RSI 60—a good long candidate?NSE:EICHERMOT is retesting its breakout zone with RSI at 60 and support at 13DMA (not pictured here). FIB extension targets are highlighted. First resistance can be 2800 (also happens to be 23.6% FIB). A few auto stocks seem to be in momentum and have retraced so the sector seems to be in a good mood, too.
If we observe, Eicher had formed an H&S, took support and is now retesting around the left & right shoulder levels.
Stop can be placed below 2700, around 2670-2680.
Tata Motors : Strong Pull BackTata motors looks good for positional trade. The stock has broken it's Descending Triangle Pattern and gave a breakout. If it crosses the resistance zone that is between 337 to 342, we can expect a good upward movement in this stock.
Please feel free to share your valuable feedback :)
Ashok leyland: Targeting profits of Rs 10Hello Traders,
Warm Greetings! With CCI jumping over 70 and CCI above 253, Ashok Leyland appears super bullish. If the 2 hourly candles close above 132, in the next 2 sessions, then the positions can be entered. between 132-133, for a week-2 week target level of 144, with SL of 124.
* Buy at 133
* Profit at 144
* SL at 124
HEROMOTOCO SWING LONG1. Made triple bottom
2. todays candle shows strength over resistance
3. sustained after giving breakout
4. above all key moving averages (50,200,400)
5. today it respected 50 EMA
► ADVANCE PATTERN #15: HEROMOTOCORP ◄► ADVANCE PATTERN #15 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
▣ Key Highlights:
➟ Time frame Daily Ⓓ
➟ W pattern ⓦ
➟ Trend line ⍩
➟ Triple Bottom ◡◡◡
➟ Long Term Support ≌
➟ EMA 200 ↝
➟ Unique Confluence Ⓤ
📌 Levels are:
Entry: ▲ 3015
SL: ☢ 2850
Target: ➚ 35585
RR: ☈ 1:3.5
Return: 19%+
Do your own study before Trade!!!
Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✬ Disclaimer ✬
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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ASHOK LEYLAND INVESTMENT OPPORTUNITYinvestment opportunity seen in ASHOK LEYLAND. if weekly candle closes above 130, then go long.
target should be all time high of 165.
as this is weekly chart time period should be 3-12 months.
note: this is not any tip or recommendation do your own analysis.
Lets learn and earn together #4| Discuss and Ask Anything Mahindra and Mahindra amazing and tradable pattern :)
Such moves before earnings can yield you good returns :)
Good luck trading it and any issues understanding the price action or wanna add anything you want = comment me I will try to answer you :)
Happy trading guys :)
