Watch These Tesla Stock Price Levels After Last Week's Huge Rally
Mon, Jul 8, 2024 1:52 PM

Watch These Tesla Stock Price Levels After Last Week's Huge Rally

A Flip by Riya Sharma
Get it on Google Play
Tesla shares surged 27% last week, driven by a better-than-expected Q2 deliveries report and anticipation of the company's Robotaxi Day. The stock closed above the 50- and 200-week moving averages and a 12-month downtrend line, indicating buying conviction. Key levels to watch include resistance at $299.29, $384.29, and $414.50, while potential support lies around $205.

More great flips

IT and banking will hold the Nifty steady; broader markets will see profits

IT and banking will hold the Nifty steady; broader markets will see profits

A correction in the market is confirmed, with a potential target of 23,650 and a possible fall to 23,050-22,900 levels in the next 88 days, driven by profit-booking and a shift from equity to debt and safe investments. In the next 45 days, volatility and corrections could provide excellent investment opportunities, so maintaining cash reserves is advisable.

Open Flip
Antony Waste Handling Cell Ltd Secures Rs 908 Crore Contract

Antony Waste Handling Cell Ltd Secures Rs 908 Crore Contract

Antony Waste Handling Cell Ltd's material subsidiary, AG Enviro Infra Projects Private Limited, has secured a contract from Navi Mumbai Municipal Corporation (NMMC) for Door-to-Door Collection and Transportation (C&T) of Municipal Solid Waste. The contract spans 9 years, with an estimated value of approximately Rs 908 crore (Rupees Nine Hundred & Eight Crore) for the entire concession period.

Open Flip
JCB axes hundreds of jobs as bosses brace for market downturn

JCB axes hundreds of jobs as bosses brace for market downturn

JCB has cut 230 agency workers’ jobs in anticipation of a slowdown in orders - Rui Vieira/PA WireLord Bamford’s JCB has axed around 230 workers amid a global slump in manufacturing. It is understood the construction giant has slashed its headcount since the summer, as bosses prepare for a protracted downturn across the sector.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon