raavigeorgian

Talbros Auto 3yr H&S Breakout

Long
NSE:TALBROAUTO   TALBROS AUTO
Auto Ancillary sector on the move.
Moving along with sector.

SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)


BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.

SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.

Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.

Note: I reserve the right to be wrong.
For educational purposes only.


Comments

this company is a single source for gaskets for 5 major auto companies including hero motorcop, bajaj auto, tata, hyundai, volvo( source- screener.in)
+3 Reply
raavigeorgian ravihit957
@ravihit957, That’s great piece of information. I also read somewhere it’s part of Dolly Khanna’s portfolio.
+2 Reply
BLOCKBUSTER RESULTS for Talbros. EPS more than tripled QoQ and it was -ve last year same Q. This is just a gold mine stock now from fundamental standpoint. Thank you for your charts & more jolly times for dolly !
Reply
monkmaxims monkmaxims
need to add that a little more than half of the profits were from exceptional items (monetized their chennai property) ! Without exceptional items QoQ profits improved by 28% ! Also OCF increased 78% !
Reply
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