Company engaged in the manufacturing of automotive parts. Promoter share holding is nearly 75% with zero promoter pledge. Debt is also in a decreasing trend. Stock has been moving through an upward parallel channel band for the last 1 year. Now it is trying to escape from the band . If it bounce over from here we can expect a movement nearer to 500 soon. Falling...
📊 Script: MAHINDCIE (MAHINDRA CIE AUTOMOTIVE LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY SMALL CAP / NIFTY INFRASTRUCTURE
📊 Sector: Consumer Discretionary / Automobile and Auto Components
📊 Industry: Auto Components & Equipments
Weekly Time Frame
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving...
Promoters of Mahindra CIE automotive Ltd bought 10236240 shares at average price of 195 rupees on Date 12th May,2022. Total amount of shares is 199.6 crores.
MAhindra & mahindra Trend Analysis
1. bull flug pattern formation price movemtum
2. not break trend resistance so chance for down side
3. when break the supply demand zone confirmation of up side big rallly target 1 and 2
3. wait period right now chance accmmulation area after strong buy do not miss it
This is follow-up on Mahindra CIE. Can check link to related ideas.
Target 1 achieved. More than 14%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
This is follow-up on Mahindra CIE. Can check link to related ideas.
Target 2 achieved. More than 37%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
#MAHINDCIE
Mahindra CIE auto
Approaching a strong resistance area.
Close above 300 will be a strong signal to go long.
As 300 is a very strong resistance from past 6 years and stock has tested it 4 time Already.
If it breaks out with strong volumes.it will trigger a wonderful momentum.
Keep and eye.!!!
Do your own analysis!
#vr
if you club the price action of the two recent candles (22nd and 23rd) as one single candle i think we have a valid morning star.
1. price is above long term moving averages of 150 and 200 SMA ✔
2. Price is not above short term moving average of 50 SMA ❌
3. Uptick in RSI ✔
4. MACD Ok ✔
5. price breaking out from triangle pattern ABC ✔
6. above average volumes...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
