Bigger the base, Bigger the target. H&S negated. Disclosure: Invested. Position increased
DO NOT MISS THIS BREAKOUT! A clean volume breakout with retest done in daily TF. Stock will fly from here. A small consolidation can be expected which is best time to accumulate this stock We might not see this stock at this price in coming few years again. A good fundamental auto ancillary stock
Auto Ancillaries sector looking good in weekly timeframe. Smallcap : BANCOINDIA, FIEMIND, SHARDAMOTR, RBL, LUMAXTECH, JAMNAAUTO Midcap : SHRIPISTON, SANSERA, ARE&M, ROLEXRINGS, SUPRAJIT Largecap : SONACOMS, UNOMINDA, TIINDIA Jamna auto made a stellar breakout with volume on Feb 26. It's evident on Mar 11, despite selling, buyers pushed the stock leaving...
Sonacoms has been consolidating since past 1 year. This is a pre breakout idea, hence risk is more. 480-500 is a strong demand zone from which stock has recently showed a big rejection. Levels mentioned in the chart. Good stock for EV theme investors as it is a stock from auto ancillary sector. Keep in watchlist.
Jamna auto is an auto ancillary stock which is also a good investment stock for long term. Technically, stock is giving ATH breakout with a cup and handle pattern. Stock can fly once monthly closing above 140 happens. Keep in watchlist.
Pricol Limited is an automotive components and precision engineered products manufacturer. Stock is in a Bullish channel and FIIs and DIIs are making positions. CMP looks good to me. NOTE: I'm not a SEBI. REG. Study before investing.
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
FUNDAMENTALS Varroc belongs to auto ancilliary sector. One of the strongest OEM player to ride this bull run on auto sectors. Ready for EV and had rolled out a lot of stuff for 2 wheelers already. Engine Valves, Lighting, Forging, ADAS ; you just name it and they make that. The company is not only catering to Indian markets but have manufacturing setup outside...
Auto Ancillaries Industry Fiem Industries looking good. 500-600 pts ~30% upside potential. Fundamentals looks good. Disclosure: Educational. Not invested
Hello & welcome to this analysis A rank outperformer from its listing back in 1999, stock has a history of doing deeper retracements and then following it with much stronger rallies. Currently in the monthly time frame its forming a cup & handle pattern that suggests accumulation for yet another strong upside. However, in the short term it could see a dip if...
JBM Auto Ltd is engaged in the automotive business that manufactures and sells sheet metal components, tools, dies & molds and buses including sale of spare parts accessories & maintenance contract of Buses. JBM auto weekly time frame in Consolidation Mode .Its Ready to break the zone Stock Price is Above 200 Ema Can Go Long
NSE:GABRIEL Cup & Handle BO in weekly charts BO level of 152 being retested. CMP being supported by short term moving averages Momentum in tact as RSI > 50 CMP : 150 Tgt : 181 - 208 - 260 upside : 70% as per pattern target SL : 130 Time frame : 3 - 12 Months
#autoind - Approaching 9 year BO at 123 target 240. Can be added near 80 levels - Recent retest level. SL weekly closing below 65.
NSE:PRICOLLTD Pullback candidate to retest support after Multi-Year Cup & Handle Bottom Breakout Stock making Consistent Higher High & Higher Lows Consistent Buying in last 12 months Did not fall in recent correction of Dec'21 & Jan'22 signals strength & potential new market leader Buy on any correction B/w 125-110 Return Potential : 60%(Min) Targets : 146 -...
NSE:LGBBROSLTD Pullback candidate to retest support after Multi-Year Rounding Bottom Breakout Stock making Consistent Higher High & Higher Lows Did not fall in recent correction of Dec'21 & Jan'22 signals strength & potential new market leader Buy on any correction B/w 670 till 580 Return Potential : 60%(Min) Targets : 908 - 1088 - 1378 SL : 558 Golden Cross...
NSE:BANCOINDIA After Jan 2018 Cup & Handle Breakout > 189 After Retracement CMP Bounce from 50 Week SMA Price back in Pitchfork Targets : 226 - 272 - 318 SL: 168 RSI sustaining above 55 Volume Contraction during Retracement
#menonbearing Menon bearing is forming Inv Head and shoulder on daily charts. Entering and adding all dips till 87 #vr
NSE:TALBROAUTO Powerful Cup and Handle Breakout on Weekly Charts Buy at CMP (330) to 275 Potential : 50% - 80% Targets - 400 - 482 - 579 SL : 260 Weekly RSI > 75 and CMP above all Weekly Averages