TATA 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 as per daily chart analysis today it had formed an inside bar candle and the market on the expiry day did well and the momentum should continue tomorrow. The stock is expected to move up.And once it breaks 525 level expected target 550-600.
Tata 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...
Tata 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...
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...
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...
AMARAJABAT 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.
Copper Futures tested resistance $4.6275 and closed above support $4.425 in July. The red metal could trade at $4.790 in August. A close above $4.66 is important for #copper this month in view of growing demand for Electric Vehicles.
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..
Cup and Handle Pattern Formation in Kabra Extrusion Near ATH.
Pattern Target of 274
Buy on Closing Above 220.
Facing minor resistance currently between 210-220.
RSI showing strength and DMI+ above 25+ confirming the uptrend.
Entry – CMP 157 (breakout was 156.8)
Stop loss -150.6 (Deep Stop 137)
Target 1 – 205.1
Target 2- 290.25
Duration – 2-3 years
Co produces electric engines for offices generators and ebikes (high demand for their products)
Co is almost debt free
Expect current financial year (Mar 2021) Co was making decent and consistent profits
Co is trading at Par Valuation...
Price is giving a breakout from a strong resistance / supply zone . Also , we can see the price making higher high's on the hourly timeframe chart. Additionally , the electric vehicle theme can give a good boost to this stock as Govt . has also announced higher subsidies to EV manufacturing business. Through this, the government aims to promote electric vehicle...
Amara Raja Batteries Limited, India's largest automotive batteries manufacturer, supplies automotive batteries to Aftermarket, top Original Equipment Manufacturers (OEM), Private Labeling and Exports to over 32 countries globally.
BUY @CMP FOR A TARGET OF 1021.
NSE:MOIL is in ongoing corrective phase but as we know the demand of semiconductors and associated chemicals is on a rise due to Electric Vehicle segment in our country.
MOIL has a long term benefit as the EV sector in India gains pace this entire decade.
The price level of Rs125 is a good resistance area.
Lets be patient with MOIL and watch it reverse with...