NRB Bearing after a downfall has made a cup & handle pattern and is looking to move upward. Other factors:
1. Last few quarters growth rate was not good because of fire in a major factory, which now has been rectified, and capacity has reached at same levels.
2. Capacity expansion of 200 crores
3. Promoter has un-pledged all shares, showing strong financial position
4. Cup & Handle with good volumes.
Keep following Cleaneasycharts as we provide Right Stock at Right Time at Right Price.
Cheers!!
1. Last few quarters growth rate was not good because of fire in a major factory, which now has been rectified, and capacity has reached at same levels.
2. Capacity expansion of 200 crores
3. Promoter has un-pledged all shares, showing strong financial position
4. Cup & Handle with good volumes.
Keep following Cleaneasycharts as we provide Right Stock at Right Time at Right Price.
Cheers!!
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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.
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.