π Script: MAHINDCIE (MAHINDRA CIE AUTOMOTIVE LIMITED)
π Nifty50 Stock: NO
π Sectoral Index: NIFTY 500 / NIFTY SMALL CAP / NIFTY INFRASTRUCTURE
π Sector: Consumer Discretionary / Automobile and Auto Components
π Industry: Auto Components & Equipments
Weekly Time Frame
Key highlights: π‘β‘
π Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
π MACD is giving crossover.
π Double Moving Averages also giving crossover .
π Volume is increasing along with price which is volume breakout.
π Script is giving breakout of Cup & Handle as mention is chart.
π On a daily Time Frame script is giving multiple resistance breakout as mention in 2nd chart and also rounding bottom breakout is there.
π Current RSI is around 73.
π One can go for Swing Trade.
β±οΈ C.M.P ππ°- 317
π’ Target π―π - 352
β οΈ Stoploss β οΈπ« - 302
πStrong fundamentals, Expensive valuation
β οΈ Important: Always maintain your Risk & Reward Ratio.
β οΈ Purely technical based pick.
β Like and follow to never miss a new idea!β
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eatπ Sleepπ΄ TradingViewπ Repeatπ
Happy learning with trading. 1Cheers!π₯
π Nifty50 Stock: NO
π Sectoral Index: NIFTY 500 / NIFTY SMALL CAP / NIFTY INFRASTRUCTURE
π Sector: Consumer Discretionary / Automobile and Auto Components
π Industry: Auto Components & Equipments
Weekly Time Frame
Key highlights: π‘β‘
π Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
π MACD is giving crossover.
π Double Moving Averages also giving crossover .
π Volume is increasing along with price which is volume breakout.
π Script is giving breakout of Cup & Handle as mention is chart.
π On a daily Time Frame script is giving multiple resistance breakout as mention in 2nd chart and also rounding bottom breakout is there.
π Current RSI is around 73.
π One can go for Swing Trade.
β±οΈ C.M.P ππ°- 317
π’ Target π―π - 352
β οΈ Stoploss β οΈπ« - 302
πStrong fundamentals, Expensive valuation
β οΈ Important: Always maintain your Risk & Reward Ratio.
β οΈ Purely technical based pick.
β Like and follow to never miss a new idea!β
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eatπ Sleepπ΄ TradingViewπ Repeatπ
Happy learning with trading. 1Cheers!π₯