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Eichermotors

The Wheels are Turning: Auto Sector Sees Major GainsIndian auto stocks surged on January 2, 2025, fuelled by impressive December sales numbers, which propelled the Nifty Auto index to its highest daily gain in six months. ◉ Key Players 1. Eicher Motors NSE:EICHERMOT ● Surged 7%, with December sales up 25% YoY to 79,466 units, and exports rising 90% YoY. 2. Ashok Leyland NSE:ASHOKLEY ● Rose 5%, with December sales exceeding estimates, up 5% YoY, and Medium and Heavy Commercial Vehicles sales up 8% YoY. 3. Maruti Suzuki India NSE:MARUTI ● Extended gains for the second straight day, rallying 5%, driven by strong December car sales and bullish management commentary. 4. Mahindra & Mahindra NSE:M&M ● Up over 3% for the second consecutive day, with December SUV sales jumping 18% YoY to 41,424 units, driven by strong demand. ◉ Overall Outlook The Indian automotive market is poised for continued growth, driven by a resilient economy and robust consumer demand. Potential interest rate cuts are expected to further fuel this growth, making vehicle financing more accessible and affordable for consumers. As a result, the road ahead looks promising for FY26, with expectations of sustained growth and increased sales in the automotive sector.
NSE:CNXAUTOLong
by GoodluckCapital
Eicher Motors Breakout Signals Momentum Towards 6000Details: Asset: Eicher Motors Limited Breakout Level: Confirmed breakout with sustained momentum Potential Target: 6000 Stop Loss: Below recent breakout level or as per risk management Timeframe: Short to medium-term Rationale: Eicher Motors has confirmed a technical breakout, supported by strong volume and bullish sentiment. The breakout suggests a potential upward movement, with 6000 as the immediate target. Market Analysis: Technical Setup: A decisive breakout with strong follow-through signals the continuation of an uptrend. The stock is showing robust momentum toward higher levels. Fundamental Strength: Eicher Motors, a leader in premium motorcycles and commercial vehicles, stands to benefit from growing consumer demand and favorable macroeconomic conditions. Price Target: Immediate target: 6000 Risk Management: Set a stop loss just below the breakout level to mitigate downside risk in case of a reversal. Timeframe: The move toward 6000 is anticipated in the short to medium term, driven by sustained buying interest and strong technical indicators. Risk-Reward Ratio: Favorable, with a high-probability breakout and significant upside potential, offering an attractive setup for bullish traders. Keep an eye on volume and broader market conditions to ensure momentum continues to support the move toward 6000.
NSE:EICHERMOTLong
by CyborgTradingHub
TataMotors | Bullish from here ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 💡FNO Stocks Trading📉📈📊 ✅Check out my TradingView profile to see how we analyze charts and execute trades. ✅We can't conduct a thorough analysis in such a short span of time. We need to review it, post our findings, and then take action. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:TATAMOTORSLong
by ReviveTraders
Eicher motors around the resistance zone (26/02/24) The stock has taken a nice support from the weekly 20 EMA and has closed around the previous candle close. There is a resistance zone around 3950-3985. If this resistance is clear and price sustain above the level. There will be chance of stock touch its recent high around 4160 level. In case there is a pullback and price action near the support zone (3765-3800) shows some positivity, a nice R:R ratio trade can be captured. Possibility of stock dropping below the support zone is quite less and if it occures, short opportunity will be there upto the next support level. Major support zone :- 3765-3800, 3600-3625 Positional trades in the stock can be created in this week as per the trend. On the daily charts market is consolidating and there are chance of a break out. Next thursday being the monthly expiry march expiry options can be trades. Both side momentum is possible in the stock. Nifty Auto is trading around the ATH. Wait for the price action on the daily charts and enter accordingly.
NSE:EICHERMOT
by TheMamboMomentum
EICHERMOT: Bullish Momentum Indicates Potential Rally AheadEICHERMOT, as of now, exhibits a promising trend with its stock trading within a rising channel pattern. Targeting the first milestone near the all-time high resistance of 4200. If the stock maintains its position above this resistance level, there is a possibility of witnessing a more substantial rally in the future. Investors may find this development intriguing and could keep a close eye on the stock's performance.
NSE:EICHERMOTLong
by financebysujit
Eicher Motors 🚚 Swing TradeEicher Motors has experienced a downward trend over the past few days, but has recently shown signs of support with a strong bullish candle. As a professional trader, we can consider taking a swing trade by going long on the open of the next candle. To mitigate potential losses, we will set a stop loss below the support zone with a reasonable buffer. This will help us exit the trade if the market moves against us. In terms of our target, we will aim for the next resistance zone as marked on the chart. By doing so, we can potentially profit from the uptrend that we anticipate. As with any trade, it's important to exercise caution and make informed decisions. We must always be prepared for unexpected market movements and adjust our strategy accordingly. Thank you for considering this trade idea. If you found this analysis helpful, please like and follow me for more insights in the future.
NSE:EICHERMOTLong
by vt_trader
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