TradingWithVerma

Bullish View Autoline Industries

Long
NSE:AUTOIND   AUTOLINE INDUSTRIE
CMP 131
SL 125
Short term Target 144
Long term can go upto 200

Technicals
Stock has given a good breakout with increasing Volume on green candles at124 level
Monthly chart inverted Head and Shoulder pattern getting formed.

Fundamentals
Lower Promoter holding
PE is higher as compared with industry average

Disclaimer:- I may or may not be holding this stock. This is not any buy or sell recommendation, this analysis is just for educational purpose. Take any buy or sell call only after consulting with your financial advisor.

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