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CNXAUTO

TATAMOTORS BreakoutTata Motors Limited is an automobile company engaged in manufacturing motor vehicles. TTM EPS: 31.98 TTM PE: 19.61 P/B: 0.73 Mkt Cap (Rs. Cr.): 208,392 Dividend Yield: 0.32 Sector PE: 52.69 Book Value Per Share: 863.26 Some Positives: Strong Momentum: Price above short, medium and long term moving averages Strong Annual EPS Growth Good quarterly growth in the recent results Efficient in managing Assets to generate Profits - ROA improving since last 2 year Growth in Quarterly Net Profit with increasing Profit Margin (YoY) Annual Net Profits improving for last 2 years FII / FPI or Institutions increasing their shareholding Recent Results : Growth in Operating Profit with increase in operating margins (YoY) Some Negatives: Companies with High Debt MFs decreased their shareholding last quarter The decline in Net Profit with falling Profit Margin (QoQ) Declining Net Cash Flow: Companies not able to generate net cash My Opinion: Tata motors can see an upside move. Invested for the long term. NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
NSE:TATAMOTORSLong
by babutaaniket
CNX AUTO chart studyCNX AUTO index cmp 13650 Daily time frame Elliot wave study. Index is trading in (V) of wave 5 of motive phase. as per mega phone structure, resistance confluence around the maturity area of wave 5. AS per RSI and MACD index is over bought and any time this move can come to pause. Bulls should be cautious going further in auto stocks. once wave 5 matures and we get a reversal confirmation of daily and weekly basis. corrective phase might unfold and sharp retracement can be seen in auto stocks. Keep watch, index is trading at cautious levels.
NSE:CNXAUTO
by RUDRA007
Nifty Auto - Interesting Price FormationsNSE:CNXAUTO - Overview on all timeframes - MTF, WTF, DTF DTF its trading within ascending triangle. Expect price to consolidate WTF its taking long term support and might make double bottom as long s 12675 is held on weekly closing basis. Also showing signs of flag pattern formation but that will be only confirmed if 12675 is held. If thats broken, bullish bias would get negated MTF its taking long term support of 2020 support line and making HH formation. The only exception is that monthly candle is not looking good so far and thats cos Nov candle is a hanging man and price has been declining so far Bias on larger time frame remains bullish and only DTF, WTF, the prices may just remain sideways or consolidate within the ascending triangle which may not result in large moves. As an option buyer, I would remain mildly cautious on long trades and remain stock specific. Let's see how the story develops. Best wishes! Disclaimer - - The opinions expressed here are my own. This is for my own records as well as what I see on charts. - If you are referring to this, please keep in mind that it is only for educational and research purposes. - Past performance is no guarantee of future results. - You must accept responsibility for any decision you make. DO NOT TAKE THIS AS AN INVESTMENT RECOMMENDATION. - It's your hard-earned cash. Trade / Invest wisely, keeping in mind your trading style, goals and objectives, time horizon, and risk tolerance. - Before investing, conduct your own research and consult with a financial advisor. TIA!
NSE:CNXAUTO
by nerdywasabi
2
CNXAUTO NIFTYAUTO Bullish I am extremely bullish on CNXAuto/NIFTYAUTO! It is forming a flag pattern Making higher highs with correcting RSI Current consolidation might last few more months Target 16000 Currently correcting on 4M timeframe Top constituents by weightage Mahindra & Mahindra Ltd. 20.36 Maruti Suzuki India Ltd. 19.97 Tata Motors Ltd. 11.67 Eicher Motors Ltd. 8.47 Bajaj Auto Ltd. 7.42 Hero MotoCorp Ltd. 5.48 Tube Investments of India Ltd. 4.51 TVS Motor Company Ltd. 4.21 Ashok Leyland Ltd. 3.48 Bharat Forge Ltd. 3.37 Above stocks will do very well as they have a higher presence in the index Also check out Gabriel India
NSE:CNXAUTOLong
by Cryptified_Soul
NIFTY CNX AUTO chart studyIndex is facing resistance around the ascending resistance trend line, though index and nifty are managing to achieve higher levels, auto index is making bearish weekly candle around resistance levels,, Now till index does not give weekly close above 13500 levels,, view remains to be lighter on auto counters. As inflation boom autos are the first one where the cost cutting is seen. which is reflecting in chart. bearish divergence on RSI with respect to price.. Time to be cautious on long side on auto counter.
NSE:CNXAUTO
by RUDRA007
MarutiAnother Auto Stock which is looking quite fantastic is Maruti, if we draw Fib level downwards since dec2017, will find it has come above 0.50 level, which is a sign of reversal and going bullish, again best time was in march to buy at EMA200, however gave a good breakout on 23jun from consolidation phase, looking for immediate target 10000, 14000 (by end of financial year) and 3rd target around 30000 may be in couple of years, so one of the best stock to start SIP on regular basis.
NSE:MARUTILong
by praveshk2
AMARARAJA BATTERY LOKING GOOD FOR SWING TRADEAMARA RAJA BATTERY looking good for a swing trade. ] The reasons behind the trade. 1. A triangle pattern had formed in this stock. The height of the pattern can be taken as the target for it. 2. The stock will soon give a break of its 50 ema. 3. and at last at the same price, the stock will break its flag and pole pattern. Fundamental reason 1. the sales of automobiles had increased so the whole auto sector is being bullish and now it might be a bullish sign for Amara raja battery as well. #AMARAJABAT #InvestmentIdeas #NIFTYAUTO #NIFTY50
ALong
by farhanf7867