Mahindra & Mahindra keep an eye, the Auto sector can perform well in the coming weeks
Nifty Auto is looking bullish. Keep eyes on all good auto stocks.
#CNXAUTO #Nifty - Auto index looks bullish with good risk reward at current - Bullish view until next resistance
On 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...
On 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 bearish Maruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearish
Tata motors is taking support from its trendlinens well as from 200EMA , moreover rsi is as low as 33.
Buy 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 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 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.
If 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?
💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰 {Some info} ➼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. ➼I hope you will love my simple analysis style. ➼Feel...
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...
Bosch ltd making ascending triangle pattern in 15 min timeframe
Tata 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 :)
Hello 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
1. 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 ◄ 📌 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 &...