stock analysis on NDR auto components
Trading Overview:
CMP: $806
52W High/Low: $1059 / $407
Market Cap: ₹958 Cr | PE Ratio: 31 | PB Ratio: 5.64 | Div Yield: 0.62%
Analysis:
Upward breakout from upper Bollinger Band on the daily chart.
Historical pattern of reversal from the support zone: $701.25 - $725.
Currently crossing the middle band with potential for a bullish move.
Healthy volume on reversal can strengthen the opportunity.
Note: While the stock seems fundamentally strong, it's crucial to conduct thorough research before making investment decisions.
Disclaimer: This information is for educational purposes only and not financial advice. Investing involves risks; consult with a financial advisor and perform due diligence before making any investment decisions.
CMP: $806
52W High/Low: $1059 / $407
Market Cap: ₹958 Cr | PE Ratio: 31 | PB Ratio: 5.64 | Div Yield: 0.62%
Analysis:
Upward breakout from upper Bollinger Band on the daily chart.
Historical pattern of reversal from the support zone: $701.25 - $725.
Currently crossing the middle band with potential for a bullish move.
Healthy volume on reversal can strengthen the opportunity.
Note: While the stock seems fundamentally strong, it's crucial to conduct thorough research before making investment decisions.
Disclaimer: This information is for educational purposes only and not financial advice. Investing involves risks; consult with a financial advisor and perform due diligence before making any investment decisions.
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.