one year consolidation over and life time high
Menon Pistons Ltd is in the business of manufacturing of auto components such as Pistons, Gudgeon Pins, Rings, Auto shafts for commercial vehicles, tractors, passenger cars and heavy duty stationery engines.
fundamental analysis
2023 Q1 beating all time high operating profit
PBT also beating all time high as follow net profit
technical chart
head and shoulder pattern breakout at 65 level
upside chance 175 level keep stop loss 55 huge risk reward ration
global market are bearish take own risk
fundamentally and chart pattern all are good healthy.
take own risk
we are not recommend for buy and sell
fundamental analysis
2023 Q1 beating all time high operating profit
PBT also beating all time high as follow net profit
technical chart
head and shoulder pattern breakout at 65 level
upside chance 175 level keep stop loss 55 huge risk reward ration
global market are bearish take own risk
fundamentally and chart pattern all are good healthy.
take own risk
we are not recommend for buy and sell
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