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
Niftyauto
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
TATAMOTORSTatamotors, 15 min chart
Can go long with stoploss of close below 326
for targets of 333.65, 336.80, & 339.25
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
ASHOKLEY IN BREARISH # FLAG BREAKOUT keep an eye on Ashok Leyland
this is for educational purpose only
Breakout in JAMNAAUTODisclaimer :- This is not any buy or sell recommendation. This is just my view on this counter. Thank You !
There is a kind of inverted head & shoulder pattern breakout generated in JAMNAAUTO on weekly chart.
Next levels as below :-
First Target :- 78.00
Second Target :- 85.00
Stop Loss :- Below 65 on closing basis.
nifty auto 🏍🛵🚗🚓🚕🛺🚙🚌🚐🚑🚒🚍NSE:CNXAUTO
if know such skill then you can get perfect sector at right time to invest in and same way if you know such skill that will help you to disinvestment in same sector at right time , as right time entry is most important in such stocks( sectors) same way right time exit or partial booking profit also must required. keep earning keep learning.
Learn . Apply . Grow (if one can find breakouts can hold for some more time with trailing basis 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.
Supply ?As soon as index entered into previous supply bzone of 10560-11300, it encountered first supply. Pull back towards 9400-9200 might be an opportunity to enter fresh long. Auto is in clear uptrend. Once the supply in the zone gets completed then we'll see fresh highs.
MAHINDRA & MAHINDRA, DAILY CHARTM&M, Daily Chart.
Given Beautiful Break-out of 2 years Resistance Trendline.
CMP 828, Support Zone 770 - 790
Targets are 905 & 980.
DISCLAIMER
EDUCATIONAL PURPOSE ONLY.
CONSULT YOUR FINANCIAL ADIVOR BEFORE TRADING OR INVESTING.
Nifty Auto - bouncing from strong support#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
Amara Raja Batteries Monthly Resistance.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.
HINDALCO VAN BREAKOUT !!! 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 .
TATAMOTORS BULL RUN CONTINUES !!! 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 .
MARUTI - WHAT TO DO ? Now ??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
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happy trading
god bless you all
#tatamotors #tatamot #nifty #nifty50 #banknifty #niftybank 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.
Tata Motors - Swing BuyWe 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 Symmetrical Triangle BreakoutTata 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.
