force motors

Force Motors On A Verge Of Big Upflag Breakout – A Potential TechnoValue

Force Motors is engaged in the business of a fully, vertically integrated automobile Company, with expertise in the design, development, and manufacture of the full spectrum of vehicles, automotive components, and aggregates. The auto industry was facing a tough time for the past 2 years however I believe we might be at the start of a new upcycle in autos. Force motors which are trading at one-time book currently in the downcycle and compared to 4-5 book during the upcycle. Force motors have a debt to equity is just 0.22

Force Motors is on a verge of a big breakout on daily charts. Once the clean breakout happens upside zones that get opened are 1750 & 1800.

Force Motors Stock Analysis

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