🚗 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
1,172 likes·47 comments

















