FORCE 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.
This is the Elliott wave analysis of Force Motors on DAily TF, below are the inferences - 1. Stock is in C wave, which is the end of correction after an impulse. 2. It can still continue correction further after creating the bottom. This correction might be time-wise or sideways correction. 3. But currently, the C wave is yet to be completed. 4. Projections or...
Here 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...
Force 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 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
#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
Today 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
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...
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 🙏🙏🙏
Swing Trade on force motors Good Volume Enter above 1060 Target - 1100, 1065, 1205 Stoploss - 980
Chart -> 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.
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 travel from monthly primary support to resistance. Travels towards Monthly double bottom neckline. Weekly breakout. Target 1219
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.
down movement is exausting might see momentum shift look for buy position till 1300
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.
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 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