FORCE MOTORS TARGET 1438FORCE MOTORS inverse head and shoulder breakout in day charge. If it opens above 1310 in the day and sustains above 1343 weekly it will reach 1438.
FORCEMOT trade ideas
FORCE MOTORS possible Elliot wave countsHere we had shared today possible Elliot wave counts of Force Motors ltd, on daily time frame, as per Elliot wave structure its clearly showing that we are in correction phase after impulse started from bottom of pandemic period of march 2020 and completed wave 1 till swing high of November 2021, well, if this phase was a fresh impulse as a wave 1, then currently we are in correction phase which had been unfolded as a zigzag pattern 5-3-5 subdivisions like (A)-(B) and now possibly we are in wave C, where we can say that of bigger degree wave 2 will be completed along with wave (C), now wave (C) should unfold in 5 subdivisions, in which we had completed wave 1 and now possibly we can retrace wave 2 as a contra trend. currently it may go bit upside as wave (a) - (b) and (c) inside of wave 2, which should not cross high of 1585 levels, and may turn down again to complete wave 3 - 4 and 5 of wave (C) of bigger degree wave 2.
On completion of wave 2 one can go long in this with invalidation level of 591 for targets above 1700 - 1800 and more.
In both upside and down side invalidation levels are mentioned on chart, if they breaches then we can assume that our study is missing something.
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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Force Motors- Earnings Blast+ Price Volume ActionForce Motors is a Deep Value Stock trading at 52 Week High Zones, Earnings blast of over 400% YOY in Q3 Results having a price volume action with narrow range trading zone
Force motor looking good on chart as its making higher high Force motors making higher high on daily chart
Daily RSI above 50 confirming strength behind the trend
Cup and handle pattern formation in progress
CMP 1567
Maintain SL @ 1450
Target: 1643
FORCEMOT#InvestmentPick | #Positional
Buy @ cmp 1455 & in dips till 1200 | MCBSL 918 | Tgt 1700 / 2200 / 2500.
As long as holds above 918 MCB, stock can move towards 3000 / 3700 / 4200+ in Long-Term
Trendline BreakoutToday i picked force motors because, it broken trendline resistance on closing basis. The following factors are considered by me for picking this.
1. Huge Volumes at breakout.
2. Cup and Handle Pattern.
For BTST trades Keep profit as 2% - 3%
Keep SL and Target profits mentioned on the chart for short term swing trades.
Please consider these for educational purposes
FORCEMOT - Ichimoku Bullish Breakout Stock Name - Force Motors Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1328
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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15% returns in just One week 🔥🔥🔥This scrip was posted in this platform and so far it has given 15% returns in just one week. I hope our followers had benefited from this post. Thanks to all 🙏🙏🙏
Force Motors - buySwing Trade on force motors
Good Volume
Enter above 1060
Target - 1100, 1065, 1205
Stoploss - 980
Force in Force MotorsChart -> Force Motors Daily
Force Motors has given an inverse head and shoulder with volume pop-up too.
CMP: 1114
Good range: 1060 to 1090
Target: 1200, 1300
SL: 1040 on daily closing
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Expecting Breakout ✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏
FORCE MOTORS TARGET 1219FORCE motors travel from monthly primary support to resistance. Travels towards Monthly double bottom neckline. Weekly breakout. Target 1219
Buy FORCE MOTORS According to chart anylasis its create cup with handal pattern we can buy if it break @1240 then buy for immediate target 1260-70 then 1300++ keep stop loss 1145.
BUY AT 1000 TO 1050down movement is exausting might see momentum shift
look for buy position till 1300
Force Motors Cmp 1603 dated 12.11.2021 BSE Chart (Weekly)Force Motors Cmp 1603 dated 12.11.2021
BSE Chart (Weekly)
1. Inverted Head & Shoulder on Weekly chart.
Buy for a tgt of1880-1975-2250-2400 SL 1450
It is just a view, pls trade at your own risk.
Breakout in Force Motors...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
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.
FORCEMOT Knocking on Ceiling ?Forcemot seems to be pushing upwards, trying to make fresh highs. Not sure if its a mere technical play or something deeper as management philosophy change, the new stunning Gurkha or just simple increased demand. Neverthless promising BUY above 1710
Ascending Triangle Breakout or Failure?Wick rejection is observed multiple times from all time high, investors should look for a weekly closing above mentioned zone for long side opportunities.
P.s A news might fuel rally in this scrip
Force showing its force It was given last week at 1274 levels
Now look at it its skyrocketing
It has much more to go
Hold tightly
Force motors is a buy Its a bouncing back back fromy exactly the 30% of fibonachi levels
Its took support on 200 Ema
Previously volume was huge at this level
Support is also there
Force Motors Inverse head & shoulder breakoutSimple trend reversal pattern identification.
Pattern preceded by Down trend
Pattern location is very important for pattern to workout.
here pattern is formed exactly at the breakout level.
So chances of pattern to work out.
Never follow patterns in isolation, combine other things with it.
Breakout candle is having a wick, so have a cautious approach.
Check BHEL Idea.
How trend reversal double bottom pattern worked out
