TradingView
NeuroTechTrader
Mar 11, 2024 4:55 PM

stock analysis on NDR auto components Long

NDR AUTO COMPONENTS LTDNSE

Description

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.




More