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deepsimi

pennant pattern on Rico Dailt Chart

Long
RICO AUTO INDS (NSE:RICOAUTO)  
deepsimi  
NSE:RICOAUTO   RICO AUTO INDS
Chart Patterns Fundamental Analysis Technical Indicators
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chartpattern fundamental indicator
Pennant pattern created on daily chart of Richo Auto, anytime breakout can happen on it.
Stock flowing in short uptrend above its 50 MA.
Didnt break retracement level of 24.45 couple of days back, again taking support from somewhere there.

Average Delivery data of 10 days in NSEindia is 47.528

can add 6 rupees of target from the breakout point.
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