Niftyauto
Eicher Motors Analysis | Restest levelEicher motors is at very important level in daily timeframe
It has break the important resistance level now it can retest this level
keep an eye
MOTHERSONS Breakout Trade Long Setup NSE:MOTHERSUMI
Buy Around 235-240
Target 270, 285, 300++
Stop loss below 224 on Daily Closing Basis
Mothersumi has retraced 50% from the top and reclaim all its gain.
Has formed cup without handle
Given Breakout of Cup Pattern
Good risk-reward trade against 26 points Sl against 60 Points target
Price, Volume, and Momentum positive
Disclaimer -
This is our personal view and this analysis is only for educational purposes.
Please consult your advisor before investing or trading.
You are solely responsible for any decisions you take on basis of our research.
Nifty Auto Reversal ???Auto Index Perfectly Retraced
Buy With Strict SL Of 9300 (WCB)
Target - 10600-10800
NIFTY AUTO: AUTO STOCKS ARE BACK IN THE RACEAuto stocks are looking bullish in short-term. My top picks are Tata Motors, M&M, Escorts, TVS & Eicher Motors.
Nifty auto looking strong #sectoroftheweekNifty auto looking strong
Sustaining above 10375 could take it further upside
DISCLAIMER
( Educational Purpose )
All investments involve risk.
Please Do your analysis before initiating Any trade
Good luck !
M_M Dark Cloud CoverNSE:M_M has formed a dark cloud cover.
Even the RSI is High.
I expect a small correction to occur.
Nifty Auto/Nifty Ratio Chart AnalysisNifty Auto/Nifty chart has returned from its support on the Daily timeframe. Looks like it's heading back to 0.70 resistance. Auto companies may shine more in the coming weeks.
🚙 #mahindraandmahindra #m&m #niftyauto NSE:M_M
if one can find reversal at harmonic PRZ then only go for long with stop loss which comes at X point as mentioned.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Nifty Auto SectorLooks like Auto Sector set to go up
Charts suggest a good breakout of the trend
RSI trending up and >55levels
RS is also trending up, though its still negative
Wait for couple of days Auto Sector looks good
MARUTI is a pattern BUYEntire auto sector is seeing an UPTICK. TAMO, even after having a negative news is still bullish for the day.
Good pick, for a quick bounce (SHORT TERM) could be MARUTI.
Sl is closing basis
Trade setup is mentioned on chart, active after getting a Breakout closing.
🏍 #heromotocorp #niftyauto #nifty #banknifty 🎯NSE:HEROMOTOCO
one can long this for swing trade with given stop loss.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
TATAMOTORS TATAMOTORS (WEEKLY);- buy on dip (300- 290 Range) For Target 598.4 / New All Time High and Stop Loss 260 (DCB)
ALL INDIAN INDICES REVIEW PART-3NIFTY AUTO HAVING BULLISH BAT TARGET 300 POINTS
I AM BULLISH ON MARKET
TRADE AND INVEST AT YOUR OWN RISK
Maruti at strong support zone!Maruti is near a crucial support. Might bounce if the auto sector goes bullish. Will give good targets. Keep it under watch.
Maruti Suzuki India Ltd.Maruti Suzuki India Ltd. is in a very good shape right now. Let me take you to few historical insights. Recently a Wolfe Wave was completed determining its Point 4 for the primary Wave. A smooth reversal from the point hints towards initiation of Wave 5th .
7533 to 7730 is the rectangular consolidation phase of the stock with a drying volume. As the selling volume was really high while the stock was in wave 4th, I expect there could be huge buy volume in the upcoming days.
Mark the blue trend line that is a long term support. All black lines are the minor resistance lines, Which the stock could respect while moving upwards.
From the CMP 7568 till 7400 is a very good accumulation phase. Stop-loss and Targets will be updated later. As Maruti Suzuki India Ltd. has a heavy weightage in NIFTY AUTO, Maruti Suzuki India Ltd. would be a important player once the index starts moving up.
CHART AND ANALYSIS BY - ADARSH DEY
