Auto Sector Turnaround? | Breaking down Auto numbers | CA Rachana Ranade

"Mahindra and Mahindra up 16%"

"Maruti Suzuki up 24%"

"Aisha Motors up 25%"

"Aisha Motors has clearly broken above its Zone"

"in case of maruti Suzuki again you can see this is a range breakout again big green with big volumes if you see M&M again big green with good volumes"

"exide retesting its upward sloping trend line in monthly chart"

"bpcl retesting its seven year old high"

"this is an upwards sloping trend line from 2011 clearcut case of breakout and wow what a retest this is a clear clear clear example where you should be adding it to your watch list"

"Jubilant FoodWorks has broken out from its previous resistance in Daily time frame"

"if that is taken out I feel stock has to you know test its alltime highs"

"the numbers seem to be very interesting"

"now if we are able to break this then there is a amazing chance that we might advance way higher now okay"

"there is a resistance around 24,400 level okay so still I think there is a you know possibility of another 200 points easily uh on the upside"

"what would be really important if can we if we can break Above This is 24,800 if yes ma uh it'll be really fun to watch what happens next"

"even though the number is high if we were to meet the yearly Target then we need to grow at a higher pace so I'm repeating what I said even though the GST collection number is good we need to grow at a faster GST collection rate"

"finally we have broken the preco level right now in Auto I know we have broken preo levels in other areas quite fast but as far as you know Auto Sales number are considered it took pretty much long time for us to go past the pre-o data point right but finally we have gone above that"

"Auto chart as a sectoral chart looks very interesting right now"

"there are chances that budget can bring in good announcements for the defense sector in fact I think rajat Singh G made one statement on the first or on the second that 2025 year is going to be a very promising year for the defense sector"

"defense is is is on the priority list"

"gold pretty much bullish"

"gold silver both uh I mean I I don't see any reason why they should not be performing"

"during budget defense Railways all these sectors typically perform well"

"what has happened is that these are the vehicle registrations in millions Wan registrations okay how much were the wahan registrations in 2017 23 Millions 25 million then 24 million then in 2020 we saw that dip of we came down to 18 million again an 18 million 21 million 24 million and finally we have broken the preco level right now in Auto I know we have broken preo levels in other areas quite fast but as far as you know Auto Sales number are considered " it took pretty much long time " for us to go past the pre-o data point right but finally we have gone above that feels good"

"and here you can see that it has tried to test this once twice PR today was the third time " still was not able to break it on a closing basis " so really really checking what happens next if it is able to do that fair enough fantastic " we'll watch what next " even if you check on a weekly chart that will show you how it has rallied very nicely Consolidated around this level for quite a long time now let's see whether it's able to break it or not okay so look like a good market leader"

"rounding bottom in grief cotton weekly basis with good volume let's check Gries cotton G got it okay and you said on a weekly basis absolutely good good observation so if ever to draw even has it is this like it's all time yes um oh 22 so now what is important I'll tell you this was the week again try to test it here uh was not able to break up this " this is the breakout candle " what we need to check whether there is a followup or not now what you can see here is it tried to go up but there was a huge selling that has come up its way so ideally what we should check is it's not just a breakout but also we get a confirmation candle if yes it'll bring in more and more of confidence"

"exed retesting its upward sloping trend line in monthly chart and bpcl retesting its seven year old high " okay let's check exide and bpcl " both oh I forgot to switch off the comment exide and bpcl right I've already drawn an upward sloping trend line yes there you go uh oh wow very interesting very interesting this is an upwards sloping trend line from 2011 clearcut case of breakout and wow what a retest this is a clear clear clear example where you should be adding it to your watch list study what happens whether it is taking good support here this is a monthly candle again understand this " let us also check daily basis pay alt R " this is again a case okay but let us also check what is the 200 demma and 50 oh just broken below it's 200 demo ideally it should IDE it should cross this and then it'll bring in more interest should close above 4 450 maybe it'll be much better in that case so good observation though in exide no second thoughts nice one"

"bpcl retesting its seven year old high okay let's check exide and bpcl " both oh I forgot to switch off the comment exide and bpcl " right I've already drawn an upward sloping trend line yes there you go uh oh wow very interesting very interesting this is an upwards sloping trend line from 2011 clearcut case of breakout and wow what a retest this is a clear clear clear example where you should be adding it to your watch list study what happens whether it is taking good support here this is a monthly candle again understand this " let us also check daily basis pay alt R " this is again a case okay but let us also check what is the 200 demma and 50 oh just broken below it's 200 demo ideally it should IDE it should cross this and then it'll bring in more interest should close above 4 450 maybe it'll be much better in that case so good observation though in exide no second thoughts nice one " the second one that you had asked was bpcl on a monthly basis yes 1 2 3 breakout almost a retest that's where it is correct " both both observations are absolutely correct"

"jubin Food Works has broken out from its previous resistance in Daily time frame your views please " absolutely why not " jubilant Food Works has been on my redar since a long time once one of one of the Paha St in my portfolio finally has come in green after a long time uh used to be one of my favorites uh has not performed well in the past I'll just quickly show you the weekly time frame I've been tracking this since quite a longe just so yes in first first comes first in a daily time frame is this like a c handle it is has it been showing strength since past few days SL weeks answer is yes again okay has broken out uh is still going up today 2.2 29% yesterday almost 3% what we need to check right now that is really really important is can it see a choke Zone here and answer is yes according to me " okay if you see I tried to go about this one two " so two weeks it struggled third week it went up then one 2 3 4 five week it was testing this sixth week shot up like anything almost 10% in a single week followed by 16% crash in a single week then this acted as a resistance one two twice third time fourth time and since then it has been a crash since genan 2022 okay I personally believe this is the next most important hurdle for this stock to clear also psychological barrier of 800 rupees if that is taken out I feel stock has to you know test its alltime highs"

"analysis on Kos pneumatics fundamentally strong stock September QQ Pat got doubled four valuation shows 1700 okay " uh not check Kos pneumatics " I'll check that right away switch on screener Kosar numatics oh I not shared my screen one second okay here you go kosa stock p is lower than industry P good roce good Roe let's look at the sales growth TTM 26% 3 years 17% here it is comp 90% and three years TTM is 30% whoa stock price C is good oh uh TTM seems to be highest for sales number operating profit again highest PBT at the highest level and Pat also at the highest number fantastic qual results if I want to check September to September 282 431 32 94 wow 27 92 oh 3 3x almost H now I feel that I should also check this stock"

"rally in defense sector can come soon as budget is near and can can this sector again see an upside for coming future do share your thoughts as thoughts on H HL has been one of my favorites " fantastic stock from fundamental point of view " I mean if you have been a pro investor current uh I have discussed H HL in absolute detail well yes there are chances that budget can bring in good announcements for the defense sector in fact I think rajat Singh G made one statement on the first or on the second that uh Second is today n yesterday I think he made a statement that 2025 year is going to be a very promising year for the defense sector"

"what is a take on gold for this year " gold pretty much bullish " I think last two three years we have seen that typically you know uh in the short term stocks and gold go in the opposite direction last two three years we have seen gold is also Rising stock is also Rising stocks are also Rising so yes gold silver both uh I mean I I don't see any reason why they should not be performing"

"then there is a amazing chance that we might Advance way higher now okay now first things first what happened today today we saw a big green almost 2% up move uh two three news we are going to discuss why "Market cheered some news today " let me just it's not coming up okay all so was there a Gap yes there was this Gap and this Gap got filled up today with a very strong green candle okay so is this a good sign no second thoughts on that is there an immediate resistance here so if I were to draw a trend line right from the top something like this then yes there is a resistance around 24,400 level okay so still I think there is a you know possibility of another 200 points easily " on the upside now once this is broken as I mentioned earlier what would be really important if can we if we can break Above This is 24,800"

"first I've just done a GST collection December 24 so if you see here the total December GST collection was 1 lakh 76,000 cr800 so 1 lak 76857 crores okay is it a good one yes I think this is the 10th month where we have crossed u a you know a benchmark of I think 1.5 lakh crores so again a good one " good GST collections but what I could read in many many many news is that even though the number is high if we were to meet the yearly Target then we need to grow at a higher pace so I'm repeating what I said even though the GST collection number is good we need to grow at a faster GST collection rate so that we can meet the full year budget"

"best way to buy gold physical or bonds " gold " sgbs sovereign gold bonds priority number one " then it would be gold ETFs and last priority would be physical"

"Mahindra and Mahindra again so this is for those who have done my course on price action this is a classic example of what we call as the sectoral leader okay so I'm just going to put an ALT edge here so there's a concept of leader and leg Arts right uh leader is the one who takes the lead in the rally and here you can see that it has tried to test this once twice PR today was the third time uh still was not able to break it on a closing basis so really really checking what happens next if it is able to do that fair enough fantastic uh we'll watch what next uh even if you check on a weekly chart that will show you how it has rallied very nicely Consolidated around this level"

"Gries cotton weekly basis with good volume let's check gries cotton G got it okay and you said on a weekly basis absolutely good good observation so if ever to draw even has it is this like it's all time yes um oh 22 so now what is important I'll tell you this was the week again try to test it here uh was not able to break up this this is the breakout candle what we need to check whether there is a followup or not now what you can see here is it tried to go up but there was a huge selling that has come up its way so ideally what we should check is it's not just a breakout but also we get a confirmation candle if yes it'll bring in more and more of confidence okay uh but of course looking at uh just one week volume looks very good I want to check on a monthly long way to go but weekly volume is also good enough last two three weeks look at this very nice activity in the last two three weeks"

"Exide retesting its upward sloping trend line in monthly chart and bpcl retesting its seven year old high okay let's check exide and bpcl both oh I forgot to switch off the comment exide and bpcl right I've already drawn an upward sloping trend line yes there you go uh oh wow very interesting very interesting this is an upwards sloping trend line from 2011 clearcut case of breakout and wow what a retest this is a clear clear clear example where you should be adding it to your watch list study what happens whether it is taking good support here this is a monthly candle again understand this uh let us also check daily basis pay alt R uh this is again a case okay but let us also check what is the 200 demma and 50 oh just broken below it's 200 demo ideally it should IDE it should cross this and then it'll bring in more interest should close above 4 450 maybe it'll be much better in that case so good observation though in exide no second thoughts nice one"

"bpcl retesting its seven year old high okay let's check exide and bpcl both oh I forgot to switch off the comment exide and bpcl right I've already drawn an upward sloping trend line yes there you go uh oh wow very interesting very interesting this is an upwards sloping trend line from 2011 clearcut case of breakout and wow what a retest this is a clear clear clear example where you should be adding it to your watch list study what happens whether it is taking good support here this is a monthly candle again understand this uh let us also check daily basis pay alt R uh this is again a case okay but let us also check what is the 200 demma and 50 oh just broken below it's 200 demo ideally it should IDE it should cross this and then it'll bring in more interest should close above 4 450 maybe it'll be much better in that case so good observation though in exide no second thoughts nice one okay uh the second one that you had asked was bpcl on a monthly basis yes 1 2 3 breakout almost a retest that's where it is correct both both observations are absolutely correct"

"Jubilant FoodWorks has broken out from its previous resistance in Daily time frame your views please absolutely why not jubilant Food Works has been on my redar since a long time once one of one of the Paha St in my portfolio finally has come in green after a long time uh used to be one of my favorites uh has not performed well in the past I'll just quickly show you the weekly time frame I've been tracking this since quite a longe just so yes in first first comes first in a daily time frame is this like a c handle it is uh has it been showing strength since past few days SL weeks answer is yes again okay has broken out uh is still going up today 2.2 29% yesterday almost 3% what we need to check right now that is really really important is can it see a choke Zone here and answer is yes according to me okay if you see I tried to go about this one two so two weeks it struggled third week it went up then one 2 3 4 five week it was testing this sixth week shot up like anything almost 10% in a single week followed by 16% crash in a single week then this acted as a resistance one two twice third time fourth time and since then it has been a crash since genan 2022 okay I personally believe this is the next most important hurdle for this stock to clear also psychological barrier of 800 rupees if that is taken out I feel stock has to you know test its alltime highs will be interesting see this is not a prediction per se I'm teaching you technical analysis how previous supports or prev see earlier it was a resistance then acted as a support again it is acting again it acted as a resistance then came down again it is going to ideally a resistance here it is going to be a resistance here as well and typically when all these long-term resistances are taken out with good volumes with sustained buying then typically we have seen this in the past that you know uh alltime Highs are also tested in such situations"

"analysis on Kos pneumatics fundamentally strong stock September QQ Pat got doubled four valuation shows 1700 okay uh not check Kos pneumatics I'll check that right away switch on screener Kosar pneumatics oh I not shared my screen one second okay here you go Kosar stock p is lower than industry P good roce good Roe uh let's look at the sales growth TTM 26% 3 years 17% here it is comp 90% and three years TTM is 30% whoa stock price C is good oh uh TTM seems to be highest for sales number operating profit again highest PBT at the highest level and Pat also at the highest number fantastic qual results if I want to check September to September 282 431 32 94 wow 27 92 oh 3 3x almost H now I feel that I should also check this stock it I mean we have discussed about this stock long long long ago I don't remember when but the numbers seem to be very interesting"

"Bajaj Finance any news came up uh yes there was I think a report by city today and they have given a very bullish they have given a very positive view on Bajaj Finance as well as fin serve if I'm not mistaken that is the reason why both these stocks were up I think 7% 8% something like that so both typically rallied because of the report"

"and now if we are able to break this then there is a amazing chance that we might Advance way higher now okay now first things first what happened today today we saw a big green almost 2% up move uh two three news we are going to discuss why uh Market actually cheered some news today uh let me just it's not coming up okay all so was there a Gap yes there was this Gap and this Gap got filled up today with a very strong green candle okay so is this a good sign no second thoughts on that is there an immediate resistance here so if I were to draw a trend line right from the top something like this then yes there is a resistance around 24,400 level okay so still I think there is a you know possibility of another 200 points easily uh on the upside now once this is broken as I mentioned earlier what would be really important if can we if we can break Above This is 24,800 if yes ma uh it'll be really fun to watch what happens next um 24800 is a big big big hurdle is what I understand right now"

"finally we have broken the preco level right now in Auto I know we have broken preo levels in other areas quite fast but as far as you know Auto Sales number are considered uh it took pretty much long time uh for us to go past the pre-o data point right but finally we have gone above that feels good"

"Auto chart as a sectoral chart looks very interesting right now let's see what the followup action looks like for a day or two"

"Do you think rally in defense sector can come soon as budget is near and can can this sector again see an upside for coming future do share your thoughts as thoughts on H HL has been one of my favorites uh fantastic stock from fundamental point of view uh I mean if you have been a pro investor current uh I have discussed H HL in absolute detail well yes there are chances that budget can bring in good announcements for the defense sector in fact I think rajat Singh G made one statement on the first or on the second that uh Second is today n yesterday I think he made a statement that 2025 year is going to be a very promising year for the defense sector and uh feels good to tell you that this month's stock of the month is from the defense sector again for those who are new uh to our m embersip stock of the month is your chance to learn how to analyze companies from different different sectors January One stock that I've analyzed is from the defense sector"

"gold pretty much bullish uh I think last two three years we have seen that typically you know uh in the short term stocks and gold go in the opposite direction last two three years we have seen gold is also Rising stock is also Rising stocks are also Rising so yes gold silver both uh I mean I I don't see any reason why they should not be performing best way to buy gold physical or bonds uh gold uh sgbs sovereign gold bonds priority number one uh then it would be gold ETFs and last priority would be physical"

"if we are able to break this then there is a amazing chance that we might Advance way higher now okay now first things first what happened today today we saw a big green almost 2% up move uh two three news we are going to discuss why uh Market actually cheered some news today uh let me just it's not coming up okay all so was there a Gap yes there was this Gap and this Gap got filled up today with a very strong green candle okay so is this a good sign no second thoughts on that is there an immediate resistance here so if I were to draw a trend line right from the top something like this then yes there is a resistance around 24,400 level okay so still I think there is a you know possibility of another 200 points easily uh on the upside now once this is broken as I mentioned earlier what would be really important if can we if we can break Above This is 24,800"

"Mahindra and Mahindra again so this is for those who have done my course on price action this is a classic example of what we call as the sectoral leader okay so I'm just going to put an ALT edge here so there's a concept of leader and leg Arts right uh leader is the one who takes the lead in the rally and here you can see that it has tried to test this once twice PR today was the third time uh still was not able to break it on a closing basis so really really checking what happens next if it is able to do that fair enough fantastic uh we'll watch what next uh even if you check on a weekly chart that will show you how it has rallied very nicely Consolidated around this level"

"Gries cotton okay and you said on a weekly basis absolutely good good observation so if ever to draw even has it is this like it's all time yes um oh 22 so now what is important I'll tell you this was the week again try to test it here uh was not able to break up this this is the breakout candle what we need to check whether there is a followup or not now what you can see here is it tried to go up but there was a huge selling that has come up its way so ideally what we should check is it's not just a breakout but also we get a confirmation candle if yes it'll bring in more and more of confidence uh but of course looking at uh just one week volume looks very good I want to check on a monthly long way to go but weekly volume is also good enough last two three weeks look at this very nice activity in the last two three weeks"

"exide and bpcl both oh I forgot to switch off the comment exide and bpcl right I've already drawn an upward sloping trend line yes there you go uh oh wow very interesting very interesting this is an upwards sloping trend line from 2011 clearcut case of breakout and wow what a retest this is a clear clear clear example where you should be adding it to your watch list study what happens whether it is taking good support here this is a monthly candle again understand this uh let us also check daily basis pay alt R uh this is again a case okay but let us also check what is the 200 demma and 50 oh just broken below it's 200 demo ideally it should IDE it should cross this and then it'll bring in more interest should close above 4 450 maybe it'll be much better in that case so good observation though in exide no second thoughts nice one"

"bpcl on a monthly basis yes 1 2 3 breakout almost a retest that's where it is correct both both observations are absolutely correct"

"Jubilant FoodWorks has been on my redar since a long time once one of one of the Paha St in my portfolio finally has come in green after a long time uh used to be one of my favorites uh has not performed well in the past I'll just quickly show you the weekly time frame I've been tracking this since quite a longe just so yes in first first comes first in a daily time frame is this like a c handle it is uh has it been showing strength since past few days SL weeks answer is yes again okay has broken out uh is still going up today 2.2 29% yesterday almost 3% what we need to check right now that is really really important is can it see a choke Zone here and answer is yes according to me okay if you see I tried to go about this one two so two weeks it struggled third week it went up then one 2 3 4 five week it was testing this sixth week shot up like anything almost 10% in a single week followed by 16% crash in a single week then this acted as a resistance one two twice third time fourth time and since then it has been a crash since genan 2022 okay I personally believe this is the next most important hurdle for this stock to clear also psychological barrier of 800 rupees if that is taken out I feel stock has to you know test its alltime highs"

"I think there was a news for deart today uh I think Dart News latest I think I read this something today oh yes it is three hours ago update standard loan Revenue jumps 177% demart battles quick Commerce grows Revenue by 17% okay fantastic so 17% growth is good again uh this is what I've already drawn uh on a daily time frame let us check first again clearly this was this has been taking support multiple times here I should in fact take it here as well one one two three four went up again just just above this uh again too early I think after today's news it'll be interesting to see what the stock price reacts tomorrow but uh ideally it should sustain above this for a few days so that I can say okay now that it had gone below the support maybe it'll take a good support at this should be a strong support line in that case"

"Kosar pneumatics fundamentally strong stock September QQ Pat got doubled four valuation shows 1700 okay uh not check Kos pneumatics I'll check that right away switch on screener Kosar pneumatics oh I not shared my screen one second okay here you go Kosa stock p is lower than industry P good roce good Roe uh let's look at the sales growth TTM 26% 3 years 17% here it is comp 90% and three years TTM is 30% whoa stock price C is good oh uh TTM seems to be highest for sales number operating profit again highest PBT at the highest level and Pat also at the highest number fantastic qual results if I want to check September to September 282 431 32 94 wow 27 92 oh 3 3x almost H now I feel that I should also check this stock it I mean we have discussed about this stock long long long ago I don't remember when but the numbers seem to be very interesting Anu if you can just write this down Kosar pneumatics we would want to study this uh in a little bit more detail whenever good fundamentally strong stocks come up uh always get excited to you know learn more"

"H HL has been one of my favorites uh fantastic stock from fundamental point of view uh I mean if you have been a pro investor current uh I have discussed H HL in absolute detail well yes there are chances that budget can bring in good announcements for the defense sector in fact I think rajat Singh G made one statement on the first or on the second that uh Second is today n yesterday I think he made a statement that 2025 year is going to be a very promising year for the defense sector and uh feels good to tell you that this month's stock of the month is from the defense sector"

"so what I would want to do is just share my screen I've just done a GST collection December 24 so if you see here the total December GST collection was 1 lakh 76,000 cr800 so 1 lak 76857 crores okay is it a good one yes I think this is the 10th month where we have crossed u a you know a benchmark of I think 1.5 lakh crores so again a good one uh good GST collections but what I could read in many many many news is that even though the number is high if we were to meet the yearly Target then we need to grow at a higher pace so I'm repeating what I said even though the GST collection number is good we need to grow at a faster GST collection rate so that we can meet the full year budget okay so uh important Point here let's see how Jan Feb Mar March and fair Jan Feb March fair so that we can get to know about the whole year uh projection"

"what has happened is that these are the vehicle registrations in millions Wan registrations okay how much were the wahan registrations in 2017 23 Millions 25 million then 24 million then in 2020 we saw that dip of we came down to 18 million again an 18 million 21 million 24 million and finally we have broken the preco level right now in Auto I know we have broken preo levels in other areas quite fast but as far as you know Auto Sales number are considered it took pretty much long time uh for us to go past the pre-o data point right but finally we have gone above that feels good"

"if you see maruti Suzuki all these are December 24 versus December 23 data maruti Suzuki up 24 % Mahindra and Mahindra up 16% Aisha Motors up 25% these are motorcycle sales of course tataa Motors up just 1% baj Auto minus 1% Hyundai Motors minus 1.3% as leand 5% but I'm sure today you saw the amazing move for all of these players beat Mahindra Mahindra beat maruti Suzuki aisher motors all did well and in fact the auto index is also doing pretty well"

"IT sector also bullish absolutely absolutely and there are High Hopes from it sector for for Q3 results as well"

"yes Rajesh I read this blinket Ambulance Service announced today a very good move uh he he has very clearly mentioned that this is not more from a profitability angle but I'm sure uh helping the people yes but also will be a very good brand building exercise"

"do you think rally in defense sector can come soon as budget is near and can can this sector again see an upside for coming future do share your thoughts as thoughts on H HL has been one of my favorites uh fantastic stock from fundamental point of view uh I mean if you have been a pro investor current uh I have discussed H HL in absolute detail well yes there are chances that budget can bring in good announcements for the defense sector in fact I think rajat Singh G made one statement on the first or on the second that uh Second is today n yesterday I think he made a statement that 2025 year is going to be a very promising year for the defense sector and uh feels good to tell you that this month's stock of the month is from the defense sector"

"Asian paints I've I've been a fan of the stock but has not performed well I mean I I remember taking that stock way back uh also sold it from my portfolio but last two three years has not been performing well uh I think big I mean I've told about this so many times there a big saturation in this in this whole paint space right now so not really very very you know bullish on this entire space per se"

"gold pretty much bullish uh I think last two three years we have seen that typically you know uh in the short term stocks and gold go in the opposite direction last two three years we have seen gold is also Rising stock is also Rising stocks are also Rising so yes gold silver both uh I mean I I don't see any reason why they should not be performing best way to buy gold physical or bonds uh gold uh sgbs sovereign gold bonds priority number one uh then it would be gold ETFs and last priority would be physical"

"would Trump assuming office have impact on defense sector possible absolutely possible uh I mean overall see Trump is just just one one factor but I feel India's government itself is absolutely bullish is absolutely keen on ensuring that our defense sector is is up to the mark and uh very important uh you know we we have understood the importance of this sector we have we have given a very clear intent that not only are we going to reduce uh the Imports but we are also going to focus on increasing the exports in the defense space as well so uh absolutely uh defense is is is on the priority list uh I don't think Trump is really going to impact the defense decision making"