Hyundaimotorco — Trading Ideas on TradingView

HYUNDAI : Breakout stock (Swing pick)#HYUNDAI #swingtrade #momentumtrade #breakoutstock #trendingstock HYUNDAI : Swing trade >> Breakout with Volume >> Trending Stock >> Momentum Trade >> Volatility contraction seen >> Good Strength in Stock Swing Traders can lock profit at 10% and keep Trailing Please Boost, comment and follow us for more Learnings. Disc : Charts shared are for learning purpose only, not a Trade recommendation. Do your own research and consult your financial advisor before taking any position.

A dip is possible in Nifty but will be Buyable So just like we expected a sharp move, it came in the form of a big Gap Up today. But as I had mentioned, sellers volume was heavier than buyers, and that clearly reflected – NSE:NIFTY slipped from the day high and even closed below the open. Because of today’s Gap Up, the Pivot distance has widened and is now at 24917. Pivot percentile is 0.16%. Today’s candle is a squat one, but buyers volume is still higher than sellers by over 37 million. And like I said earlier, a shakeout was clearly visible on the chart and ideally, a sharp move should have come after that. But the opposite happened. Which makes me believe that the shakeout is still pending. Second thing, after breaking 24470 support, Nifty should have taken the next support around 24200, but without taking support it just moved up. So in short, a dip is still possible. My view: A pullback with a bullish undertone. Meaning Nifty may see some dip, but individual stocks can still perform well. For this week, Nifty support is 24650 and resistance is 25000. NSE:BANKNIFTY also has a pending shakeout. Support is at 55360. But we are seeing some traction in PSU and private banks. Talking about sectors – #Auto and #Cement look good technically. Keep an eye there. My recent trades performance: 1. HEROMOTOCO +5.86% 2. UNOMINDA +6.13% 3. NSE:MARUTI fresh high with +8.75% upside 4. NSE:HYUNDAI +8.15% 5. DMART +4.58% That’s all for today. Take care and have a profitable tomorrow.

New Thinking. New Possibilities Hyundai - CMP 1855 Incorporated in May 1996, Hyundai Motor India Limited is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer in the world based on passenger vehicle sales. This is just to boost my confidence. No Suggestions for buying. Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial Adviser before making any decisions.

Biggest IPO of INDIA Hyundai Motor : Risk factors The Hyundai Motor India Limited IPO, which commenced on Tuesday, October 15, 2024, is generating considerable buzz. The public issue closes on Thursday, October 17, 2024, making tomorrow the final day for subscription. As of the second day, the IPO has achieved a 42% subscription rate (based on BSE data). Let's delve deeper. Key Highlights of the IPO: Launch Date: October 15, 2024 Closing Date: October 17, 2024 Current Subscription (Day 2): 42% (BSE data) Significance: Largest IPO in India to date, surpassing the LIC IPO IPO Type: Entirely an "Offer for Sale" (OFS) Understanding the Offer for Sale (OFS) Nature of OFS: Existing shareholders, including founders, promoters, or board members, are selling their shares to the public. Lack of Fresh Funds: The IPO is not raising new capital for growth or expansion. No new shares are being issued. Questions to Consider: Why is the company opting for a complete OFS instead of issuing new shares for growth? What does this suggest about the company's future plans? What are the implications for future company expansion and innovation? Concerns Over High Dividend Payouts: Dividend Payouts: 178% in March 2024 and 229% in March 2023. Possible Implications: While high dividends suggest strong profitability, they also raise concerns about the company's reinvestment strategy. Are profits being prioritized for shareholder payouts rather than business growth? What This Might Mean for Investors: Are current shareholders primarily looking to maximize profits from high dividends before offloading shares? How does this dividend strategy impact the long-term sustainability and growth potential of the company? Important Considerations Before investing, carefully consider: Thorough Research: Analyze the company's financial statements, strategic plans, and competitive landscape. Risk Assessment: Evaluate the potential risks associated with the OFS structure and the high dividend payout history. Investment Goals: Ensure the investment aligns with your financial goals and risk tolerance. Final Thoughts: The Hyundai Motor India IPO presents a investment opportunity, but it also carries inherent risks. The high dividend payouts and the OFS structure warrant careful scrutiny. Investors should conduct thorough due diligence and make informed decisions before participating. The impending deadline adds another layer of complexity, underscoring the need for a well-considered approach. thank you for your support, your likes & comments. Disclaimer: This analysis is purely for educational purposes and is not intended as a trading or investment recommendation. I am not a SEBI registered analyst.