Very Long Term Analysis of Hindusthan MotorsHere is the Very long-term analysis of Hindustan Motors. This stock just finished the B wave and entered into the C wave to the down side so I think this stock will be bearish for the long term.
HINDMOTORS trade ideas
HINDMOTORSPrice tightness in a symmetrical triangle pattern with volume contraction, RS strongly positive; Buy on breakout.
Hindustan Motors: Small Cap Stock AnalysisHindustan Motors Limited (Hindustan Motors)
Market Cap: ₹737 crore
Current Market Price (CMP): ₹35.35
52-Week High/Low: ₹48.60 / ₹12.65
Average PE Ratio: 28.98
Technical Analysis:
Daily Frame: The stock is crossing below its middle Bollinger Band, indicating a potential slight correction.
Support Levels: The stock may find support in the ₹25-₹30 range.
Overbought Zone: Currently, the stock is almost in an overbought zone.
Opportunity: A small correction could present a buying opportunity.
Watchlist Recommendation
Considering the technical indicators and current market position, Hindustan Motors can be added to your watchlist for potential investment opportunities following a correction.
Disclaimer
The above analysis is based on historical data and technical indicators. It is important to conduct your own research or consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and all investments carry risk.
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HINDMOTORS will give good target.HINDMOTORS will give good target. Because 12 year breakout with High volume + good QTR-QTR result. lets see
Educational purposes only
VAHRISKY INVESTORS Buy HINDUSTAN MOTORS between 20 to 31 SL 15 target hold more than 5yrs for 5X TARGET
HINDMOTORS LongDate : 21-04-2024
Buy HindMotors above 25
Target of 28-30-32-39-45-48
SL 18
Strategy : SBO + RSI > 60 + EMA above 20 & 50
Duration few Weeks
Please consult your financial advisor before investing
All research for educational purposes only.
Stock is ready to cross past barriers with good volumes
Time pass swing trade Reason -
Volume increasing, price also creating higher high
10% target
10% sl
18.90 above sustain 1d candle then I'll enter.
Is Hindustan Motors Reversing ?This penny stock whose car brand 'Ambassador' was a household name and went all most to the ashes. There is no revenue but on long term basis the charts are showing strong positive momentum. Mind you there is no fundamental reason for this stock to be moving up but it is. No sane investor will touch it just based on some rumors that they are getting into EV business. But as they say Price knows everything which no one does.
The volumes are really high.
It broke its life time high and is consolidating.
It may take some time before it makes its new push.
RISK IS EXTREMlY HIGH.
If any brave heart wants to take a bet they can. Levels are given below.
CMP - 17.20
Stop loss- 15.05
Ist Target - 19
2nd Target - 23
3rd Target - 27
Disclaimer - This is not a buy or sell recommendation. Idea is shared for purely educational purposes.
DO GIVE A Thumbs up.
hindustan motors, entry abv close of 7.15 for trgts 13% and 36%hindustan motors, is near trend line breakout, initiate trade after close above 7.15, for a first trgt of 7.9= 13%,
and after retest ride for a trgt of 9.6 = 36%..
