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Rakesh Madhav CFA

14th Feb · SEBI-Registered Analyst

🚗 Force Motors – Vertical Move After Range Compression

FORCEMOT
has delivered a powerful weekly breakout above its consolidation band near ₹20,000–21,000, supported by strong volumes. 📊 Technical View (Weekly): Breakout from multi-month rectangle pattern Fresh all-time-high zone Strong trend continuation structure Momentum re-accelerating after healthy pullback 🏭 Fundamental Triggers: Robust demand in luxury van segment (Traveller/Trax) Strong export and defence vehicle exposure Strategic association in premium engine manufacturing Earnings growth momentum in recent quarters 📰 Special Angle: Any updates on capacity expansion or new export orders could act as catalysts.

#FundamentalViews#TechnicalViews#EquityResearch
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