Ready to shootRange contraction + volume contraction + trading with narrow range . I have buy position in this stock at 1880 level. Inverted head and shoulder breakout ?
Disc : It's not an investment advise to buy or sell
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101.40 INR
1.66 B INR
22.29 B INR
4.34 M
About AUTOMOTIVE AXLES LTD
Sector
Industry
Headquarters
Mysore
Website
Founded
1981
ISIN
INE449A01011
FIGI
BBG000BHRN63
Automotive Axles Ltd. engages in the manufacture and sale of automotive components. Its products include drive axles, front steer axles, defense axles, off-highway axles, non-drive axles, drum brake, and disc brake. The company was founded on April 21, 1981 and is headquartered in Mysore, India.
Price is at major support zone Price is at major support zone and making falling wedge.
With proper Price Action it forming head and shoulder like pattern can expect good move from now.
Strong reversal from support zone with strong marubozu candle
- Reversal from Fibonacci level of 0.3822 in weekly time frame with strong marubozu candle
- In lower time frame broke resistance and trying to break trend
- Reversal from support
- RSI Bullish divergence
AUTOAXLES LONGBased on Elliott Wave analysis, it is possible to identify a potential wave count in the daily time frame.
The first and second waves have been successfully finished. Wave 3 is on the verge of commencing.
The level of invalidation is displayed.
Regarding the fundamentals of the stock:
ROCE: 30.8%
R
Auto stock going auto mode.1st target: 2466
2nd target: 2660
Financials looking good too
Highest ever profit
Trading below 200 DMA
#Breakout FailureStocks made Higher high and profit booking happened,.,, retracement over., will resume uptrend and the targets on charts., trade with SL !
Disclaimer: Do your own analysis before initiating any trades. Trade with Conviction
Automotive AxlesTrade type: Swing trading
What does chart say: 5 month high breakout + trading above 50 and 200 Dema. trade has closed with good momentum and volume on Friday.
next potential target will be near 2586 which is ~12% up.
AUTO AXLESBreakout Trade - Similar pattern can be spotted.
Ps: Do your own research
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Frequently Asked Questions
The current price of AUTOAXLES is 1,793.50 INR — it has decreased by −0.34% in the past 24 hours. Watch AUTOMOTIVE AXLES LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange AUTOMOTIVE AXLES LTD. stocks are traded under the ticker AUTOAXLES.
AUTOAXLES stock has risen by 0.09% compared to the previous week, the month change is a 2.37% rise, over the last year AUTOMOTIVE AXLES LTD. has showed a −19.92% decrease.
We've gathered analysts' opinions on AUTOMOTIVE AXLES LTD. future price: according to them, AUTOAXLES price has a max estimate of 2,003.00 INR and a min estimate of 2,003.00 INR. Watch AUTOAXLES chart and read a more detailed AUTOMOTIVE AXLES LTD. stock forecast: see what analysts think of AUTOMOTIVE AXLES LTD. and suggest that you do with its stocks.
AUTOAXLES reached its all-time high on May 15, 2023 with the price of 2,690.00 INR, and its all-time low was 70.25 INR and was reached on Mar 6, 2009. View more price dynamics on AUTOAXLES chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
AUTOAXLES stock is 1.13% volatile and has beta coefficient of 0.79. Track AUTOMOTIVE AXLES LTD. stock price on the chart and check out the list of the most volatile stocks — is AUTOMOTIVE AXLES LTD. there?
Today AUTOMOTIVE AXLES LTD. has the market capitalization of 27.33 B, it has decreased by −0.99% over the last week.
Yes, you can track AUTOMOTIVE AXLES LTD. financials in yearly and quarterly reports right on TradingView.
AUTOMOTIVE AXLES LTD. is going to release the next earnings report on Jan 31, 2025. Keep track of upcoming events with our Earnings Calendar.
AUTOAXLES net income for the last quarter is 359.73 M INR, while the quarter before that showed 340.54 M INR of net income which accounts for 5.64% change. Track more AUTOMOTIVE AXLES LTD. financial stats to get the full picture.
Yes, AUTOAXLES dividends are paid annually. The last dividend per share was 32.00 INR. As of today, Dividend Yield (TTM)% is 1.77%. Tracking AUTOMOTIVE AXLES LTD. dividends might help you take more informed decisions.
AUTOMOTIVE AXLES LTD. dividend yield was 1.82% in 2023, and payout ratio reached 29.10%. The year before the numbers were 1.35% and 29.85% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 13, 2024, the company has 2.66 K employees. See our rating of the largest employees — is AUTOMOTIVE AXLES LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. AUTOMOTIVE AXLES LTD. EBITDA is 2.22 B INR, and current EBITDA margin is 11.15%. See more stats in AUTOMOTIVE AXLES LTD. financial statements.
Like other stocks, AUTOAXLES shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade AUTOMOTIVE AXLES LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So AUTOMOTIVE AXLES LTD. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating AUTOMOTIVE AXLES LTD. stock shows the buy signal. See more of AUTOMOTIVE AXLES LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.