Automotive AxleNSE:AUTOAXLES Weekly chart showing it made bottom near averages and also done some of consolidation near support zone. Fundamentally strong also.Longby Chartstory_Jigar0
Head & Shoulder pattern in Auto Axles. Auto Axles has been corrected from 2449 to 1860 by forming Lower High and Lower Lows. Price has been reverted from supply zone (1730 - 1800) on weekly time frame. It has formed higher high recently showing possibility of trend reversal and has also formed Head & Shoulder pattern on daily time frame and current price is near to neck line of H&S pattern, Having possibility for uptrend move. Share is trading below 200 D SMA. CMP - 1866 RSI - 51 Entry price - 1885 Target price - 2070 (around 10%) SL - 1790 (5%) Disclaimer - This is for education purpose only. I am not a SEBI registered analyst. Take advise from your financial advisor before investing. Longby jeet20Updated 4
looks bullish above 2040been looking into this stock since many days looks bullish above 2040Longby Bhatia_Harjeet3
Analysis of AUTOAXLES:Support on Weekly Chart: The weekly chart for AUTOAXLES indicates a bullish sign as the candle has taken support on the rising trendline. This suggests that there is buying interest around this level. Pin Bar Formation: The pin bar formation on the rising trendline is a bullish candlestick pattern. It shows that despite some selling pressure during the period, buyers were able to push the price back up, indicating potential upward momentum. RSI Breakout on Daily Chart: On the daily timeframe, the Relative Strength Index (RSI) is showing a breakout. This could imply increasing buying strength and potential for the stock to move higher. Proposed Trade Strategy: Entry: Consider entering a long position at the current market price (CMP) of 2202, leveraging the support on the rising trendline and the bullish pin bar formation. Stop Loss (SL): Implement a stop loss at 2040 to manage risk and protect against unexpected adverse price movements. Target: Set a target at 2390, based on the assumption that the stock may experience a positive move, as suggested by the technical analysis. Conclusion: The technical analysis suggests a potential bullish opportunity for AUTOAXLES, with support found on the rising trendline, a bullish pin bar formation, and an RSI breakout. However, it's essential to conduct additional research, consider broader market conditions, and apply risk management principles before making any trading decisions. As with any investment, there are risks involved, and it's advisable to seek guidance from a financial advisor or conduct thorough research based on your risk tolerance and investment objectives.Longby yaashul1
Automotive Axles: Potential Reversal in Prices and Breakout OppoThe price action in Automotive Axles suggests a potential reversal from the current levels. The prices have already traced back to the 113%-127% Fibonacci zone and demonstrated a bounce back from the 113% retracement zone of the last upward swing. Additionally, the stock is on the verge of breaking out of the consolidation zone, which ranges from 2180 to 2277. The MACD crossover is also indicating a positive move for this counter. As a result, this stock is considered a potential buy at the current market price (CMP) of 2248, with a stop-loss (SL) set at 2097 (SL condition: candle on the daily chart must be closed below 2097). The target for this trade is set at the range of 2766 to 2840.by LiveTradingBox0
Autoaxless breakoutbuy above high of breakout candle at 2640.05 stoploss at 2413.5Longby PSYCHOLOGY_BREAKOUT_TRADERUpdated 2
AUTOAXL BUY CNC placed pending order buy entry @ 2075 qty 4 SL decide after entry placed small qty because I am not winning much right now will wait for conditions to improve to increase qtyLongby mehulsan77113
Automotive AxlesAnnual revenue growth of 64% is outstanding, Pre-tax margin of 7% is okay, ROE of 11% is good. Very strong in this fall. 2080 good to enter. Longby RiderTrader1
AUTOAXLES - Long with 7 to 8% ROIAscending parallel channel and Head & Shoulder pattern in hourly time frame All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts. Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation. Longby Grow_YourCapitalUpdated 1
Tight BaseUp trending stock with 43% move in 5 weeks followed by a tight price action around 50DMA. Looks good above the breakout line...by Supreeth_Patel0
AUTOMOTIVE AXLES NSE AUTOAXLES BULLISHVIEW ABOVE 1780 CMP 1855AUTOMOTIVE AXLES NSE AUTOAXLES is bullish if 1780 holds. New 52-week high and new lifetime high. Fresh Breakout. Positive Trend. Disclaimer: Educational Purpose Only. Not Buy/Sell Reco. Not Sebi Registered.Longby bubbi_cyber20040
horizontal resistance breakout in automotive axleshorizontal resistance breakout volume breakout postive RSI convergence higher lows pattern lower supportive trendline chart is daily time frameLongby Profit_chartsUpdated 1
Looking great for Quick 10% upsideStock has formed a good base and looking good for quick rise.Longby anujpa234111
Short term ideaBuy 24/11/2020 @ opening price Target 1 - 1050 Target 2 - 1175 SL - 875Longby Sirejes0
#AUTOAXLES #AUTO #MOTOR #BANKNIFTY #NIFTY #NSE #TRADING #CORONA#AUTOAXLES Automotive Axles Ltd. CMP: 724.70 Target: 789 / 908 SL: 660 If you like my work, kindly donate. :)Longby Rachit_Sethia2
Auto axcel 600+ is on cardsAs per chart tread, bull is on fire 600+ is on the way, stay longLongby pevindertechnicalUpdated 3
Automotive Axles Buy Range 1410-1422 (add till 1405) Trgt 1450 1500 1550 1600 SL 1397 CBSL Longby AaravkaychartsUpdated 2
AUTOMOTIVE AXLES BULLISHNSE:AUTOAXLES Automotive axles is the stock to watch out for, will hit a new high soon. Overbought many a times. Disclaimer: For education purpose only, consult your investment advisor before investing.Longby ajinkya3Updated 2
AUTOMOTIVE AXLES BULLISH NSE:AUTOAXLES Automotive axles has been hitting new highs and is the stock to watch out for, in near short term will hit a new high. Arrows depicted. Disclaimer: For education purpose only please consult your investment advisor before investing.Longby ajinkya31