CIEINDIA FALLING WEDGE BREAKOUTAfter 30% correction from last high this stock gave breakout to falling wedge pattern,so this stock looks good to buy and risk to reward is also good 1:2.
CIEINDIA trade ideas
CIE Automotive India Ltd. TGT 572-600-700 SL BELOW 475-500ZONECIE Automotive India Ltd. is an interesting chart with following
1. RSI on all time frames DWM Above 60
2. Narrowing Bollinger Bands on weekly chart
3. ABCD Pattern on weekly chart
4. Stock Out Performing benchmark and Sectoral index both on 1 week and 3 months
5. Higher Trade and Delivery quantity on weekly time frames.
Last but not the least - A Mahindra Group Company
Can be a good Buy on dips and dips only with major support near 475-500 zone for a target of 572-600 and 700 levels positionally
Lets See How it evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Short Term Trading Opportunity in CIE Automative for 15% UpsideHi,
NSE:CIEINDIA has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily, weekly and Monthly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss on Daily Closing basis and targets mentioned on the charts for educational purpose.
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Disclaimer: Please consult your financial advisor before making any investment decision.
Amazing breakout on Weekly / Daily Timeframe - CIEINDIACheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
Amazing breakout on Weekly / Daily Timeframe - CIEINDIACheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
Long CIE india Great recovery, good fundamentals and sectoral tail winds.
CMP 552.6
sl 485
target 725
CIEIndia-A flag breakout you shouldn't miss!CIEIndia has formed a beautiful flag & pole pattern whose breakout is expected soon.
If stock gives weekly closing above 500, we can see quick big bullish move in this stock.
Keep in your watchlist.
Stock has very good fundamentals and is in auto ancillary sector.
For long term investors, SL should be below 400 MCB and targets should be 1000++
CIEINDIA long @ 510Inverse Head and Shoulders pattern formed on daily charts
RS line suggests that the stock is showing strength
RSI crosses 60 and gives a near term trendline breakout
Earnings is behind us with a positive surprise which could act as a trigger towards pushing prices up
Pattern suggests Price tgt of 610 trade can be taken with SL being close below 21 EMA
CIEINDIA - Trendline breakout - 30-50% upside potentialCIEINDIA has been into consolidation since 9 months and has given trendline breakout above 495 resistance levels with good volumes.
Target: 580+, 650+, 750+
SL: Daily candle close below 490.
CIEINDIA - FLAG pattern CIEINDIA - Flag pattern in Weekly timeframe. Currently in colsolidation/ accumulation zone. Good entry point if the channel breaks.
CIEINDIA CAN GIVE STELLER RESULTS #CIEINDIA
Price has been consolidating for few weeks after the Dec quarter ended. After that, investors' confusion can be seen clearly in daily chart.
The last good move came on Jan 1 2024 with 5% and volume 1.8 million. After that, neither the high of that candle has broken nor the lows are taken.
It clearly suggests one thing - investors are waiting for the result of quarter ended on Dec 2023.
Weekly chart shows strong support above the 50DMA. Volumes are also dried up.
However, it needs a good closing on daily chart. Today is it's earning day and my expectations say it has maintained a positive growth on revenue as well as in profit. EBITDA might cross 12% QoQ.
Once the setup looks good on daily chart I'll enter with 30% capital. Rest will keep adding as per my risk management system. Until then, only watching closely.
#Learning #Masterclass #assignment
CIEINDIA- VCP in Making by SG GallantispatCIEINDIA- VCP in Making by SG Gallantispat
1) Huge COnsolidation
2) Breakout possible after Dashed red line
3) Lets see and Enjoy
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CIE INDIACIE INDIA
Chart Looks good. Trendline Breakout scenario looks possible.
One can Keep in their Watchlist.
Positional or Longterm Opportunity in CIE IndiaGo Long above 488 for Targets of 511.8, 535.6, and 559.4 with SL 464.2
Reasons to go Long:
1. On a Weekly timeframe the stock gave Trendline breakout.
2. If we draw the Fibonacci retracement tool from the swing low (point A) to the swing high (point B) then we see stock took support from the 0.618 Fibonacci level.
3. Also a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around 0.618 Fibonacci level.
CIE Automotive India in Distribution Phase: Enter at 570 CIE automotive India is currently in a distribution face after a rally and it has exactly reversed from a key pivot level. Since a red candle has been formed with huge volumes and it’s a bearish engulfing on daily time frame price, is currently consolidating since change in trend is bound to happen When such a candle happens.Once price takes it’s all time high, which was formed by a doji stock can rally till 828 levels in the coming year and it can give a return of more than 45% by end of 2024.
BULLISH TRENDCIE AUTOMOTIVE
Looking good for upside move.
Trendline break and retested now can move upside for
TRGT-520
TRGT-550.
CIE AUTOMOTIVE - Daily breakout cie Stock forms a daily triangle pattern , its breaking out ! i personally prefer tight stop loss and huge rewards , keep sl at a comfortable place & try this out !
Im not a registered analyst , please take trades on your own risk.
CIE AUTOMOTIVECIE automotive taking support at 446
A strong support observed, for immediate targets of 502,525,536,570+
Stop loss around 440 is seen
This chart is only for educational purpose do your own study before taking any trades
CIE automotivestock have good technicals after 34 days consolidation stock showing strength and fundamentals is also good
technofunda
CIE INDIA ready to fly after retesting previous break out zoneCIE INDIA previously Mahindra CIE retested previous breakout zone/demand zone 460~470 and now ready to move up further.
Two target T1-575 previous high and T2-666
SL-460
