Force Motors Ltd closed at ₹17,565 on October 17, 2025, gaining about 5.67% over the previous day amid strong volume and broad sector momentum. The stock traded between a high of ₹17,830 and a low of ₹16,624 during the session. This rise extends a rebound from mid-October levels after multiple sessions of consolidation near ₹16,000.
The near-term structure appears bullish, with momentum indicators showing strength; RSI has climbed above the neutral 50 mark, reflecting renewed buyer interest. The next resistance levels are positioned around ₹17,950–₹18,200, while immediate support lies at ₹17,000 followed by ₹16,500. Sustained closes above ₹18,200 could lead to further upside toward ₹18,800–₹19,000.
Fundamentally, Force Motors maintains a market capitalization of about ₹23,100 crore with a trailing P/E around 26.7 and P/B near 7.0, implying continued valuation expansion supported by strong earnings growth. The broader uptrend from late August lows remains intact, and short-term dips toward support zones may attract buying interest if overall market sentiment stays favorable.
The near-term structure appears bullish, with momentum indicators showing strength; RSI has climbed above the neutral 50 mark, reflecting renewed buyer interest. The next resistance levels are positioned around ₹17,950–₹18,200, while immediate support lies at ₹17,000 followed by ₹16,500. Sustained closes above ₹18,200 could lead to further upside toward ₹18,800–₹19,000.
Fundamentally, Force Motors maintains a market capitalization of about ₹23,100 crore with a trailing P/E around 26.7 and P/B near 7.0, implying continued valuation expansion supported by strong earnings growth. The broader uptrend from late August lows remains intact, and short-term dips toward support zones may attract buying interest if overall market sentiment stays favorable.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.