Electricvehicles
Aether, the new era EV stockAether's recent incident was very unhuman and tragic. The incident dragged the stock to 778 i.e. around 25% down. A bad news of a good company is an opportunity for the value investors to buy the stock at attractive valuation and so is with Aether. Nothing wrong with company and strong demand and quarter to come. RSI also has reversed from 24.
CMP 794
Target 880/940/1050/1120/ATH
Can be accumulated till 750 with SL of 730 for ST and 704-700 for long term investors.
Kindly note that I am not a SEBI registered analyst. Perform your own analysis before taking any trade.
Hero motors-Green days ahead?Hero motors stock has formed a cup and handle pattern from past 4 years.
A breakout of this pattern will unlock new highs for the stock.
From investment POV, stock offers attractive dividend yield of more than 3% at CMP.
Some ratios from fundamental analysis are:
D/E is almost 0
ROCE>20%
ROE>15%
PE is 20 at CMP
For trading purposes, stock is risky considering broader markets are at lifetime high.
Best buy level is anywhere close to 2930-2950 with SL of 2700 DCB.
Targets are 3300 and above that stock can fly to ATH if market supports.
IDEA SHARED ONLY FOR EDUCATIONAL PURPOSES.
Greaves Cotton ready for the uptrend!🤩💸🔥Buy Greaves Cotton for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡Key triggers for future price-performance:
1) Transformation strategy to increase E-mobility and new-initiatives business share to drive long term growth and help transform and de-risk its business.
2) Consolidation of manufacturing operations into Megasites to bring higher operational efficiencies and reduced fixed costs in the long run.
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✔️ Technically & Fundamentally Strong💪💪
The company recently posted a Good Q3 Result.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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Tata Motors - Daily Chart Analysis - 01.12.2021TATA MOTORS as per daily chart analysis has come back to its consolidation zone and as such its ADR NYSE showing 5.11% up is good news for the stock to move up tomorrow. So i think the bulls are doing their best to keep the momentum up. So lets see how the expiry day ends.
Tata Motors - Daily Chart Analysis - 23.11.2021Tata Motors as per the chart patten analysis is in brief consolidation and once the resistance 525 level is broken then target 550 is achievable. So far the stock had tried to break this level twice and there might be a third attempt and if it sustains above 525 level then its a consolidation break out or it might retrace and in the 4th attempt it can break. More the stock consolidates and tries to hit the resistance level the more the chances the stock will touch 600 level too. Iam already holding the stocks and wish you all a very happy trading.
TATA MOTORS- Buy after the breakoutTata motors is showing a good flag pattern and I'm long on the share. I've been holding it since October with enough profits already. And I'm still very optimistic on the share. However, for people wanting to enter now I would say they should not rush. Wait for a clear break out of the highest line shown on my chart. This is where the price is on right now. But as you can see this has been an area of resistance in the past. So to make sure you are not entering into a whipsaw, please wait for a clear breakout with good volume from this point. And let it trade there for sometime. Once you get that breakout, I would say a target of 650 would seem pretty modest. And if this proves to be a whipsaw, just buy at 500 and then at 475 if it falls further and then sit back and wait for that wonderful breakout. As shown in the chart, 475 is a very good support.
Thank you, hope this was helpful.
MARUTI SUZUKI INDIA LIMITED-THE POTENTIAL BEAST TO RISE?India's largest automobile manufacturer is seen to have factored in all sorts of negative news inflows relating to low production volumes ,semi conductor shortage, global rise in raw material prices, sky rocketing fuel prices and lots more.The beast had given a breakout from a triangle pattern with a successful retest and looks as it would continue the upside rally. Maruti is seen approaching its multi time tested strong hurdle zone of 7700-7900, a closing above 8000 on a weekly timeframe will make the people square off their short positions in the markets and will bring in fresh buyers in the system. Aggressive traders can enter after the weekly closing of 8000 with strict suitable stop losses and the set of defensive traders can enter after 8250 is taken off and after an analysis of the option chain, not exactly but it is forming a structure similar to an inverted head and shoulders, targets to be expected in the medium to long run are 8675-9300-9900. the reason i always say to maintain a strict stop loss is that ;to stay in the game you need your capital and your first aim must be to protect your capital, NEVER RUSH INTO ANY TRADE,WAIT FOR THE ENTRY TO TRIGGER AND THEN RIDE THE TRADE WITH PATIENCE AND CONVICTION
Amararaja Battaries Longterm Buy NSE:AMARAJABAT
Target 1 = 961
Target 2 = 1220
Target 3 = 1540
Extreme Bullish in Monthly Time frame
Precision cam, nice EV player#precision camshaft
Looks very interesting on charts and with the work they are doing on EV space.
Recently they had retrofitted a passenger vehicle for EV.
If it's successful then this company will easily become a multi Bagger.
On charts It had made perfect rounding bottom, where we can see volume spikes where stock made a base.
Again it broke a minor resistance zone with encouraging volumes.
It has completed pullback too.
#VR
PLEASE DYOA 🙏
AMARAJABAT - Testing 55EMAAMARAJABAT is testing the 55EMA resistance, if it breaks, we could see a good third wave of a long term elliot wave.
Having reached 50% of the minor wave already and bounced upwards, its unlikely that we see a downtrend, but in case of downtrend, the best entry would be at 582-604 range, which are 65%-61.8% fib retracement levels.
Current Setup:
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Entry - 740 (modest)
Exit - 1344
SL - 715 (1% below current 55EMA), 705 (2% below)
Disclaimer: This is not financial advice, please do your own research before making any trading decisions.
Trend reversal breakout & retest!Long term bear trend line broken and retesting the trend line.. Waiting for trend reversal in LTF.. Expected reversal in 0.5 Fibonacci levels..
Will add for long term in my portfolio..
Chart is just for learning purpose, not a recommendation for buy or sell..
Spotting a Macro Trend in Oil Industry.US Oil is facing resistance on a long Trend Line. Oil will reverse from this point which tells us a lot about the industry in general. How the world is shifting towards electrification and adapting to the new electric revolution in the auto sector which is the major consumer of oil. Dependence on Oil will decrease from here on. There are no new consumers rising for the oil but rather would be decreasing over a period of time. This is more like a slow death of oil. It won't disappear all of a sudden. This can take 5 to 10 years time keeping in mind how rapidly & exponentially the world is changing.
This is purely a short trade. An aggressive one from the current market level. For the target of $32-$34.