FORCE Motors - CMP: 1259It has given Rounding Bottom breakout on the daily chart. All oscillators are in bullish bios. The increased delivery volume also confirming the same. We can expect price movement up to 1375 in the near term.Longby Auroma0
FORCE MOTORS : BULLISH ENGULFINGA Bullish Engulfing Pattern has been formed on the counter of FORCE MOTOR. Keep Close Watch.Educationby NANARKAR0
Next stop for Take Profits One can look for Booking their holdings Near forecast Level , in upcoming days by ShreeKrishnaUpdated 7711
FORCE MOTORSNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy TradingLongby SENSITRADE_T2
FORCE MOTORS Trading SetupFollowing simple trend up breakout and then correction, looks like ready for another breakout.Longby Tarun_Kumar981
FORCEMOT FORCE Motros given strong breakout. Can enter after retest of support line. Trade with caution :) -WhitefoxLongby Vibhu_Kapoor111
My weekend picks 4/12/20My holding period- Greater than 2 weeks Style- Momentum investingLongby Money_MonkUpdated 443
force moters 15 mint bullish flag breackout patter force moters 15 mint bullish flag breackout patter Longby Rohit45Updated 0
Force Motors - Breakout RetestAn value pick of mine from lower levels. Technically it had broken out recently..nw it retested the breakout and bounced from there.. Also confirming that the 200EMA could act as a support going ahead. Long at CMP with SL below 200EMA (1025 for traders) and (975 for those with a longer term view) by rdkriplani0
One Right Trade's Swing Trade Idea #149 : Long on FORCEMOT This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap. Longby onerighttradeUpdated 1
ForceMotors Long FlagDelivery CMP 1165 and in Dips till 1049 Sl 669 Trg 1250 1300 For Educational Purposes Only . Longby TradeAdda0
Force Motors_- Rising Wedge, MACD-H shows a bearish DivergenceForce Motors_- Rising Wedge, MACD-H shows a bearish Divergenceby MAJESTA_haresh0
Force Motors - Long term value buyBuy 50% now and 50% either at 780 or above breakout at marked price of 975. (ideally 50% at 780 because we are buying this as a value pick and not to trade) Some fundamentals worth knowing about the company Force Motors Market Cap: 1100cr P/B 0.6 D/E 0.1 Company is a contract manufacturer for Mercedes and BMW. They supply engines and Axles. 50% revenue comes from this segment They are also the leading mini van makers in India and command 68% market share. They have recently tied up with Rolls Roye Global to contract manufacture for them. Factory should start sometime in 2020 or Early 2021. RR is shifting its entire manufacturing from germany to India to supply the world Force has almost spent approx 1000cr on a new mobility platform for its minivans and recently launched the same. They plan to spend another 600cr towards this along with a new state of the art factory. Their focus for this new mobility platform is international markets for export. They also have an electric option. business-standard.com timesofindia.indiatimes.com livemint.com All this has been done thru internal accurals as the company is virtually debt free. Also this leads to the company having a lot of focus on contract manufacturing..which is a theme our govt is highly focused on. The only negative here is sales have slowed down short term because of Covid and H1Fy21 could be slow.. Technically the stock +ive triple divergence on the weeklies. The Monthly too has a divergence. So we could expect the stock to have bottomed out. A true indication of a reversal could be above 1100. But bottom fishing coz the same could start at approx 780 given the chance in the next correction...Longby rdkriplani2
FORCE MOTORS Elliot Wave AnalysisFORCE MOTORS 3H TF Elliot Wave Analysis I think we will see Force Motors prices plummet in the coming days. The overall Trend seems to be Bearish. Next view is seen @ 784.75, 746.55, 697 odd levels. NSE:FORCEMOTShortby Dino_Naidu3