Stock is Beaten down and still revenue is all time high Company looking for extension That aggressive sell due to high PE ration and all thing almost flat and it is looking to breakout Hold it and enter this stock for big targets CMP is 30.10 make SL of 26 target is big 32-35-38 if this stock cross all these level we can see almost 80% upside for target...
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sentiment analysis fundamentals technicals all are bearish so we have strong pressure you can see fundamental moves data on online ,and for sentimental analysis you can see in commitment of traders report, and for tecnicals you can see this patterns forming 1.strong support turns into resistance 2.falling wedge forming 3.bearish engulfing 4.parabolic sell signal
NRB BEARINGS: CMP 100 👉NRB BEARINGS is largest manufacturer of needle roller bearings in India, with more than 70% market share. 👉 These bearings are used to reduce the friction of a rotating surface. Mainly, these bearings will be used for weight reduction and lower space utilisation in vehicles. Company is into OEM(Original equipment manufacturers) and...
Investment Pick: Looks good above 68 with confirmation on daily level closing for 80/90/100+ in 2-3 months. This is good script both technically as well as fundamentally. SL would be 60, keep trailing your SL every 5 points move. Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor...
the strongest support is 7016 so why we go againts the trend we will continue to the sellers beause we havve so many pushings and then bankers holdings and some of the fundamentals moving it to the tp so dont get fear the market will go to the down side only