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.
Next report date
Report period
Q1 2024
EPS estimate
5.10INR
Revenue estimate
23.88 BINR
29.65INR
11.25 BINR
92.80 BINR
126.26 M
About CIE AUTOMOTIVE INDIA LTD
Sector
Industry
CEO
Ander Arenaza Alvarez
Website
Headquarters
Mumbai
Founded
1999
ISIN
INE536H01010
FIGI
BBG000NZY856
CIE Automotive India Ltd. manufactures and sells forged automotive components. The firm focuses on design, and development of engine, steering and other components. Its products include crankshafts, oil sumps, engine gears, turbo housing, exhaust manifold, shafts, differential housing, steering, knuckles, stampings, ferrite magnets, and passive entry antenna components. The company was founded on August 13, 1999 and is headquartered in Mumbai, India.
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
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
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
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
Please Follow and Upvote
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 0.61
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
BULLISH TRENDCIE AUTOMOTIVE
Looking good for upside move.
Trendline break and retested now can move upside for
TRGT-520
TRGT-550.
See all ideas
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Frequently Asked Questions
The current price of CIEINDIA is 490.85 INR — it has increased by 1.03% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange CIE AUTOMOTIVE INDIA LTD stocks are traded under the ticker CIEINDIA.
CIE AUTOMOTIVE INDIA LTD is going to release the next earnings report on May 2, 2024. Keep track of upcoming events with our Earnings Calendar.
CIEINDIA stock is 1.95% volatile and has beta coefficient of 0.47. Check out the list of the most volatile stocks — is CIE AUTOMOTIVE INDIA LTD there?
CIEINDIA earnings for the last quarter are 4.30 INR per share, whereas the estimation was 2.40 INR resulting in a 79.17% surprise. The estimated earnings for the next quarter are 6.30 INR per share. See more details about CIE AUTOMOTIVE INDIA LTD earnings.
CIE AUTOMOTIVE INDIA LTD revenue for the last quarter amounts to 22.79 B INR despite the estimated figure of 24.28 B INR. In the next quarter revenue is expected to reach 24.57 B INR.
Yes, you can track CIE AUTOMOTIVE INDIA LTD financials in yearly and quarterly reports right on TradingView.
CIEINDIA stock has risen by 1.89% compared to the previous week, the month change is a 7.67% rise, over the last year CIE AUTOMOTIVE INDIA LTD has showed a 20.31% increase.
CIEINDIA net income for the last quarter is 1.69 B INR, while the quarter before that showed 3.75 B INR of net income which accounts for −55.00% change. Track more CIE AUTOMOTIVE INDIA LTD financial stats to get the full picture.
Today CIE AUTOMOTIVE INDIA LTD has the market capitalization of 184.39 B, it has decreased by 0.31% over the last week.
Yes, CIEINDIA dividends are paid annually. The last dividend per share was 2.50 INR. As of today, Dividend Yield (TTM)% is 0.51%. Tracking CIE AUTOMOTIVE INDIA LTD dividends might help you take more informed decisions.
Like other stocks, CIEINDIA 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 CIE AUTOMOTIVE INDIA 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 CIE AUTOMOTIVE INDIA LTD technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating CIE AUTOMOTIVE INDIA LTD stock shows the buy signal. See more of CIE AUTOMOTIVE INDIA 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.
We've gathered analysts' opinions on CIE AUTOMOTIVE INDIA LTD future price: according to them, CIEINDIA price has a max estimate of 570.00 INR and a min estimate of 465.00 INR. Read a more detailed CIE AUTOMOTIVE INDIA LTD forecast: see what analysts think of CIE AUTOMOTIVE INDIA LTD and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. CIE AUTOMOTIVE INDIA LTD EBITDA is 14.24 B INR, and current EBITDA margin is 15.34%. See more stats in CIE AUTOMOTIVE INDIA LTD financial statements.