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Niftyauto

NIFTY AUTO on Focus for 2022CHART -> NIFTY AUTO WEEKLY SETUP As seen per charts, Nifty Auto is trading under a channel which is in an uptrend from last several weeks. Nifty Auto is making Higher Highs and Higher Lows. Other interesting point on the chart is that Nifty Auto is trading near to it's previous all time highs. We can see a run-away rally in Auto and Auto related stocks if those highs are broken. One can keep this chart on focus for 2022! Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
NSE:CNXAUTO
by kathanthakkar403
🏍 Bajaj Auto Swing Trade Opportunity 🛺NSE:BAJAJ_AUTO 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 As One can see, This pattern is extended pattern, that's why stop loss quite big. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should take Stop Loss as closing basis. (PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame) PRZ 1 :- 3180 PRZ 2 :- 3165.5 SL :- 3051.85 (Closing Basis) Target 1:- 3226 Target 2:- 3278 Target 3:- 3349 and more Trailing basis Note:- As Per this harmonic pattern, stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Ask doubts in comments below. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:BAJAJ_AUTOLong
by linesandlevels
Bajaj Auto Seems more Bearish Again nowDear All, If you have a look on chart where Share Price had break it's major support at 3473 and closed at 3444. Now as per my analysis, this share will decline more towards 3300 level now where as it has a support at 3368 level but most likely it will break that level as well and reason are as below:- Reason for such prediction - #1 ) On RSI, it forms a Lower Highs and Lower Lows pattern which shows that next support for RSI is on 16% now, where as currently it is trading at 25%. If RSI needs to test it's support level at 16% then share price will have to decline up to 3300 levels. #2 ) Exclusion of Bajaj Auto from BSE Sensex, where Wipro will replace it. #3 ) Dip in Export Vehicle sales due to chip shortage problem. Note - This Post is just for education purpose only, please do your analysis before taking any trade on my idea's.
NSE:BAJAJ_AUTOShort
by Stock_Market_View
Hero moto case studyHERO MOTO SPOT 2675 HARMONIC + PRICE ACTION + CHART PATTERN + TIME CYCLE + HISTORICAL CYCLIC STUDY TIME FRAME :- WEEKLY We have considered historical case study, where counter gave a upmove of around 128% after that there was a retracement of 30% and finally a up-move of 81% In this historical case we have considered pole and flag pattern formation,, where flag formation is in form of falling contracting wedge.. time of flag formation was around 39 weeks. In flag formation there was formation of double bottom pattern, with positive divergence on RSI and at same time RSI gave a retest of breakout of falling trend line. After the retracement was over counter gave a upmove of 81% from the low of retracement zone,, time consideration in pole and final leg of upmove have relation of 1.2 time. Current case Study :- There was a first up move leg of 130% after that current retracement zone going on where counter have retraced 28% which is almost equal to historical case study. Now if history have to repeat counter can give up move of 81% from current bottom of this retracement zone. In this current case study there is pole and flag pattern formation,, where the flag formation is in form of falling contracting wedge, time of flag formation is almost 36 weeks, almost same a historical case study, if it have to be 39 week which means still consolidation of 2 more weeks possible in counter after that breakout from the flag formation can be seen, as time of pole formation is different for both the case so in terms of percentage time it can give breakout any time now. In flag formation there is formation of double bottom pattern, with positive divergence on RSI and at same time RSI gave a retest of breakout of falling trend line , perfect copy of historical case study. so now as per this cyclic study if counter gives breakout from pole and falg formation and time cycle maturity it can give upmove of 81% from current levels which will lead counter to around 4800 levels. and approx time for this move would be till november of 2022 as per historical time calculation. Harmonic Study :- Butterfly pattern formation on weekly time frame Pre assumption of Butterfly pattern lead us to following conculsion Leg C of Butterfly pattern formation is on verge to mature and if the final leg D of the pattern unfold , Which as per theory should be 1.27% extention of Leg XA , would lead us to levels of 4800 levels . So pattern maturity lies around levels of 4800 as per butterfly formation. Conclusion :- Two case study as per price action , chart pattern formation, time cycle lead us to levels of 4800 levels and harmonic study also lead us to levels of 4800 levels,, Counter can be considered as good investment candidate from current levels.. for targets of 3600-4200-4800 Trade type : Investment Time horizon :- 12-15 months Good investment candidate.
NSE:HEROMOTOCOLong
by RUDRA007
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