BAJAJ AUTO 4700 ?we can long Bajaj auto as per consolidation, morning star on bottom or trendline support and butterfly pattern on monthly time frame. In upcoming day we can see 20 % move in bajaj auto. cheers!!!
Autoview
Nifty AutoCNX Auto last close is below my monthly bearish level.
It will be interesting to see weather it sustains above bearish level.
Important levels are marked.
Happy trading..
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Big Bull stockMahindra CIE Automotive is engaged in the Business of Production and sale of automotive components to original equipment manufacturing and other customers in india and overseas. which means they supply to TATA motors, Ashok leyland, TVS, Maruti etc.
Share holding pattern
Investors :- 72.19
FII :- 10.45 (-1%)
DII :- 7.84 (+1.8%)
Pubic :- 9.52 (+0.8%)
RSI :- Above 60 is promising
Volume indicator :- Slowly accumulating for big blast.
All the levels are given in the chart.
Any quires/clarifications required
Kindly revert back in the comment section.
Note :- The analysis is made for study purpose only. Nowhere author is suggesting to buy/sell.
Before taking any position it is advised to consult your financial advisor.
Bajaj Auto LtdBajaj Auto Ltd showing reversal if sustain and break trendline then we can see long move
Maruti Inverse H&S pattern Maruti form Inverse H&S Pattern. it's neck line is near 7676. can buy here 7500 for target 8700 and 9900 it may take 1-3 month
A CONSOLIDATION IN HEROMOTOCORPgreat consolidation is happening in heromotocorp chart in daily timeframe with big body candles and can be a good move either downside or upside.it gives good moves after consolidating .
TATA MOTORSEQTY NAME - TATA MOTORS
BUY ABOVE 507 TARGET 535+ SL 495
DISCLAIMER- kindly do your own analysis before investing.
Talbros auto, risky position#talbrosauto
Talbros auto
Posted wonderful results.
On Daily charts, risky bet to enter at 260-270
Stop loss of 245
For long term any close above 350 will give big returns.
Hero Moto Corp " RSI Bullish Divergence " SpottedA good Risk: Reward Trade can be played in the Hero Moto Corp.
Please calculate your Risk Appetite before triggering the trade!
TVS Motors Target hitAfter releasing the QoQ results . TVS motors jumped over the 595 target. Holding for long duration now
Maruti best buying lewelMaruti best buying lewel
If breakout this lewel momentum is continue to uptrend
Ashok Leyland - Cup and Handle BOStock has formed Cup and handle on weekly.
DAily candle close above 139 can bring upside till 152, 168
Eicher Motors - Monday Blues Ahead ?Stock has taken rejection from the S&R zone. Looks good to short below 2600 for quick targets of 2560, 2520
For confirmation, wait for 15-30 min candle close below the TL (Might take more than a session to hit the target)
P.S. Ignore if stock opens big gap down
Mahindra & Mahindra - Failed BO or Upswing ?Stock has been testing the long time S&R zone and in last 2 sessions has bounced from it with good volumes after making triple bottom.
INTRADAY - If stock opens around 800, gives TL break out from bottom to top and sustains above 805.50 then can target for 820 levels tomorrow. On the flip side if stock opens big gap up - around 805 levels and first 15 minute candle closes below 788 with good volume then can target 775,770 levels
SWING - Daily candle close above 805 can easily give targets of 830, 838 in coming days.
P.S. Opening of stock is important, keep the levels in mind.
Eicher Motors : Intraday Trade| 17th MayStock has been trading in a range which is getting smaller and smaller. Volumes have been decreasing all this month.
If stock breaks lower TL (2400 levels) then can target 2375, 2355 and 2330 levels.
Consider upside (1-2%) if upper trendline breaks and stock crosses 2485 successfully.
P.S. As usual fall would be quite faster compared to the rise. Looks likely to fall and test the support zone on the downside however either side movement is possible.
Mahindra & Mahindra - Wednesday Trade | 05th MayStock is slowly falling after forming triple top. Today it broke the support zone but bounced in last 15-30 minutes.
Looks good to short in coming days.
Intraday : Looks good below 731 for few quick points
Swing : Good if 30/60 minute candle closes below 727
P.S. Zone can act as good support, so Ignore if stock starts trading above 750/755 levels
HERO MOTOCORP - TL Breakout | IntradayBuy only if 15 min candle closes above 2940 for targets of 2990, 3005
Mahindra & Mahindra - Thursday Trade | 15th AprStock has been pushed back at resistance zone multiple times. Lets see if its successful in breaking it this time.
Good above 817
P.S. Set up fails if stock falls below 805/800 levles
Tvs Motor Breakout, Initiate BuySee the chart for target and sl. The view is personal and for educational purpose only.
Ashokley Intra day opportunityA very good intrady opportunity is seen in Ashokley.
Although it is near a major resistance level, I think it can move till 84-86 levels before making a pullback rally.
As mentioned in the chart stock is oversold in the 15 min time frame and it is taking very good support of the 50 days EMA historically.
So I am bullish on the Ashokley for monday. But as I mentioned this is near a very major supply and demand zone. So be cautious.
