Force Motors
CMP 2762
We were waiting for Q1 results to check whther chart structure aligns with the sector and fundamentals of the company.
We have got additional confidence from yesterday’s announcement of results.
Targets/Projections as per EW look crazy …but let’s see how it pans out.
This is a monthly chart …a play and projections for next few years.
Monthly Chart
Disclaimer : This post is just for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability-study methods and chances of success/failure depend upon various factors
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