Resistance to support in Schaeffler Earlier lifetime high is now support in Schaeffler india.
This is good low risk entry.
3750 SL
5400 target
SCHAEFFLER trade ideas
Swing Trading Opportunity in SchaefflerRefer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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good break outstock has gained the momentum and trading all time high.. would expect 20 to 30 percent returns coming days..
Schaeffler India Ltd - Breakout Setup, Move is ON...#SCHAEFFLER trading above Resistance of 3493
Next Resistance is at 4551
Support is at 2749.55
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
SCHAEFFLER | Swing Trade | Ascending Triangle BreakoutSCHAEFFLER | Swing Trade | Ascending Triangle Breakout
1) Ascending Triangle Breakout
2) Channel Pattern
Stock in upward trend and looking to hit 10% high
#Schaeffler is leading the Auto Industries #SuperChartzKey Levels:
Support: 3050
Resistance: 3233 3333 3433 3733
Description:
Overall Performance:
Sustained growth in Q3 and nine months of 2023 in both top-line and bottom-line.
Robust GDP growth in India, particularly in sectors such as steel, cement, and commercial vehicles.
Mixed performance in the automotive sector, with passenger vehicles and commercial vehicles showing growth while two-wheelers remain flat.
New Business Wins:
Significant new business wins in the automotive sector, especially in commercial and passenger vehicles.
Diversification into industrial divisions with wins in industrial automation, railway, and two-wheeler sectors.
Revenue and Business Mix:
Positive growth in domestic segments, contrasting with export business facing challenges due to weak demand in Europe and China.
Export decline attributed to external demand issues rather than internal inventory challenges.
Financial Performance:
Strong earnings quality with sustained EBIT margin and profit after tax margin.
Emphasis on working capital management and cash flow generation.
Other income growth driven by interest income from old refunds and improved yields on cash.
Growth Outlook and Operations:
Targeting minimum double-digit growth with capex supporting growth realization.
Seasonal dip in Q3 automotive aftermarket revenues, with expectations of a bounce-back in Q4.
Continued focus on organic growth and strategic expansion in the Indian market.
Manufacturing plants operating at over 80% utilization, with new plant construction underway but no relocation plans.
SCHAEFFLER#SCHAEFFLER - Add it to your watch list. Aggressive traders can enter at this level and maintain SL below the mentioned level. Others, wait for a pull back on daily chart.
SCHAEFFLER INDIA looks very bullishThe market displayed a strong bullish trend until mid-September 2022, but subsequently underwent a significant downtrend. However, recent developments suggest that this downtrend has now reversed, giving way to an emerging uptrend. Furthermore, this uptrend has been accompanied by a notable breakout following a brief pullback, signaling a strong indication that the stock is poised for a bullish upswing.
Trendline breakout with good volumeStock wants to move up so it created some liquidity now it's look to move up after creating liquidity
SCHAEFFLER - Weekly AnalysisIn the Weekly Chart of SCHAEFFLER ,
we can see that, positive momentum is started .
Soon we will see a Cup & Handle breakout in it.
Expected momentum is shown in chart.
Schaeffler IndiaSchaeffler India Inverted Flag pattern. Daily chart breakout with volume. 45% upside potential.
Disclosure: Educational purpose
SCHAEFFLER - Weekly AnalysisIn the Weekly Chart of SCHAEFFLER ,
we can see that; Decision making Candle is formed near Trendline breakout.
Possible momentums are shown in chart.
Enter on breaking its HIGH with LOW as SL.
SCHAEFFLER - SWING TRADEThe following trading idea shared is for informational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or hold any particular stock.
SCHAEFFLER Swing Trading opportunity for Swing Trade at CMP for R:R 1:2.5
SCHAEFFLERSCHAEFFLER
Red is 20EMA
Market is in Uptrend & Broke above Swing High
So Entry - 3185
SL- candle close below weakly candle low (or)- 2985 (100 Points)
TGT-3700 (515 Point),3970
R:R-1:5
EXIT METHOD
1ST TGT With SL (50%)
(50%) Wait for 2ND TGT With SL Cost to Cost or Trail
*Entry Tips*
*Aggressive traders can consider buying above the high of the breakout candle.
*Safe traders wait for a retest of the breakout level and then enter a buy position.
*Aggressive traders will have big Stop-loss with small Target.
*Safe traders will have Small Stop-loss with Big Target.
*Don’t Rush to enter the Trade.
*Disclaimer*
This analysis is for educational purposes only, and I am not a SEBI registered analyst. Please conduct your own research and consult with a certified financial professional before making any investment decisions.
*Support Required*
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Trend Analysis, Chart Patterns,Candlestick Analysis,Price Action,
Technical Indicators,Support and Resistance, Supply and Demand,Trendline,200EMA,Swing Trade,Positional Trade,
Schaeffler range breakoutChart -> Schaffler Daily
Range breakout.
CMP: 3185
Good Range: 3100 to 3185
Target: 3420, 3745
SL: 3055 Daily Close
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.
SCHAEFFLERReasons: Cup & Handle
RR is very lucrative
early entry has its own advantage and after breakout will give you confirmed entry but risk to reward will be less
Schaeffler good swing candidateResistance became support at 200MA
also showing bullish engulfing
Very good Risk Reward
SL 2735
Targets: 3077/3400/3740
schaffler India---Bullish~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
