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.
this company is a single source for gaskets for 5 major auto companies including hero motorcop, bajaj auto, tata, hyundai, volvo( source- screener.in)
raavigeorgian
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@ravihit957, That’s great piece of information. I also read somewhere it’s part of Dolly Khanna’s portfolio.
monkmaxims
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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 !
monkmaxims
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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% !