NSE:EICHERMOT
#Nifty #Auto Bounced from resistance turned support and looks equally strong relative to Nifty. Continued momentum in Nifty might see new highs made in Auto large caps. YoY Dec-20 quarter results are hinting at a recovery too
As per the chart Amara Raja Batteries is currently at its Monthly Resistance. The stock has also formed at double top pattern on its daily charts. One should wait for proper price action and confirmation to enter into a trade.
1) Wait for breakout and retest for accurate entry 2) If gap-up confidently take long 3) If resistance is strong , no trade . 4) 2 targets ate given , safe book at 1st target , trial to 2nd target if you’re an active trader .
took support in D timeframe , 1) 176.25-175.3 levels are best buy . 2) if 176.25-175.3 levels are broken in 4H timeframe , do not enter .
as all auto sectors are running but maruti showing a range moment till now, if it breaked the upper yellow area then a huge rally will be made what if it breaked the flag trend then a short term downtrend will be there full analysed chart is on my free VIP group message me to get in, i will freely guide you . . . happy trading god bless you all
NSE:TATAMOTORS two students hv made this chart few days back. so this is how u can predict target for long well in advance. one has made as per trend line and other patterns like triangle and one student has made as per harmonic and both are satisfied with the knowledge which they hv gained.
We witnessed some weaknesses for a few days in Tata Motors. Tata Motors is trading at immediate support. We should expect some bounce back. 150 will be safe target. 160 is aggressive target. CMP- 127.75 Target - 160
Tata Motors on a Daily Chart has given Symmetrical Triangle Breakout. However 155 - 160 can prove to be an obstacle in continuation of its upside. Valid Breakout above these levels will lead to further rise in prices.
NSE:HEROMOTOCO first short as per trading setup then long from PRZ if find reversal. even check where from it short, check link at bottom.
NSE:TVSMOTOR one can short till PRZ level as per their trade setup and if find reversal from PRZ level then one can long from der as well. #Learn_Apply_grow
nifty auto took good support at bottom and then followed the channel. posting all the possible scenarios that may happen.
Maruti Suzuki broken the down trend in 4h.it have enough power to push next resistance 7138. long with sl 6500 Target 1 = 6950 Target 2 = 7140
After a consolidation m&m has given a breakout on daily charts looking good for a given target
TATAMOTORS NEW Trade CMP 151.50 Sl 137.90 Trg 165 170 Previous Buy CMP 127.10 and in Dips till 125 Sl 119.50 Trg 155 160 For Educational Purposes Only .
Auto Sector has rallied 75% since April, with increasing demand for personal vehicles in India. Technically, the price has always followed the long term trend line marked on the chart. The prices breached the trend line for the first time due to the COVID-19 related sell off. The auto sector should correct and stay sideways for the coming days and offer good...