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
AUTOAXLES trade ideas
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%
ROE: 23.4%
Promoter holding: 71.0 %
I am not a registered Sebi analyst. My studies are purely for educational purposes.
Before trading or investing, please consult with your financial advisor. I am not accountable for your profits or losses in any way.
Thanks
VJ
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
Drop in your doubts in the comment section
Please boost the post if you find it helpful
Thank you
auto Axel can go upto new highstock looks very good for coming days and can go veru much up from here so keep a watch
Automotive Axles Ltd STOCK FOR SWING TRADINGAutomotive Axles Ltd STOCK FOR SWING TRADING
👉ADD IN WATCHLIST WITH 📷 #auto #Automotive Axles Ltd #StocksInFocus #stocks #TELUGU
I AM NOT SEBI REGISTERED AND I DECLARE I DONT PROVIDE ANY BUY SELL RECOMMENDATION SO IF YOU FIND ANY THING ON OUR CHANNEL NAME
AUTOAXLES Breaking OutAuto Axles breaking out of Triangle Pattern on 1D and 1h timeframe. Enter after bullish confirmation. Follow Target & Stop Loss levels. Trial Stop Loss accordingly.
BUY TODAY SELL TOMORROW for 4%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in AUTOAXLES
BUY TODAY SELL TOMORROW for 4%
Autoaxles Stage 2 continuation breakout.Autoaxles Stage 2 continuation breakout.
Only for information, trade at your risk.
AUTOAXLES - Long Setup, Move is ON..NSE:AUTOAXLES
✅ #AUTOAXLES trading above Resistance of 2152
✅ Next Resistance is at 2475
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Automotive Axles LimitedAUTOAXLES:- The stock has given a breakout by forming an ascending triangle pattern, keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
AUTOMOTIVE AXLES- READY TO MOVE~Automotive Axles is ready to move after consolidation.
~All the information is given in the chart.
~this is not my recommandation.Do your own analysis.
AUTOAXLES - Long Setup, Move is ON..NSE:AUTOAXLES
✅ #AUTOAXLES - Trading above Resistance of 2152
✅ Next Resistance is at 2475
✅ Pattern as shown in chart
Related chart:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
AUTOAXLES - Breakout --> Consolidation --> Another BreakoutThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Consolidation ongoing in Automotive Axles, good days ahead?Till the price doesnt go back below 1850, a targrt of 3360 is in sight..cup formation, breakout and consolidating now
Automotive Axles (Long term pick)An all time high breakout above the horizontal trendline on the back of volumes. Currently the stock is in buying zone. Can be bought around 1900. Once it takes out the rising trendline, it will double in no time. SL should be placed at monthly closing below the BO candle i.e. below 1566. Minimum target - 2x. Favorable RR.
AUTOMATIVE ALEXES-BULLISHIt has retested resistance i.e.1830.
On monthly chart it has broken all time high resistance after 4 and half years.
RSI is strong.
Rs positive stock.
This is not my recommendation. Do your own analysis before investing.
