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SHARDA MOTOR INDS LTD
Long

Sharda Motors

By naraykln
Updated
Sharda Motors. Auto ancillary. Good fundamentals. 1.7Y consolidation and breakout. 30-40% upside potential

Cons: FY23 (-)OCF, High working capital

Disclaimer: Educational. Not invested
Trade active
Entered position. 5 days consolidation breakout in Daily chart as well.
Trade closed: stop reached
Got Hit 875 stop loss
Note
Looks like the stock achieved the estimated target. Should've made better entry to avoid hitting stoploss.
autoancillaryFibonacciFundamental AnalysisshardamotorSupport and Resistance
naraykln
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