NRB BEARING POISED FOR HIGH TARGET The trend and automobile sector is poised to make new highs due to many factors.
Disclaimer
Please make your decision based on your own study it's my idea for educational purpose.
NRBBEARING
NRBBEARING - Ichimoku BreakoutStock Name - NRB Bearing Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 282
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Symmetrical Triangle breakoutChart -> NRB Bearings Weekly
Big and beautiful symmetrical triangle breakout this week.
CMP: 191
Good Range: 175 to 190
Target: 225, 250
SL: 170 Weekly Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Symmetrical Triangle breakout in Nrb bearings I daily make educational content videos on swing / positional trading
NRB Bearing Daily looking bullishNRB Bearing Daily has trendline breakout with 200 ema support on daily candle. Good to buy at retracement near 163 for target of 186 with sl below 153
NRB Bearing Breakout Analysis Stock has given BO on daily and weekly TF with good volume spurts maintaining supportive trendline and also posted strong Qtrly results, follow chart for proper entry and exit levels.
NRBBEARINGNSE:NRBBEARING
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
#NRBBEARING#NRBBEARING - 173.6
Signal: Buy
Target 1: 175.35
Target 2: 176.4
Target 3: 178.15
SL: 167.0
Triggered at 07-10-2022 13:45:02
Watch for a resistance (zone) BreakoutThe stock looks good above 174.
Wait for the breakout in hourly to take entry.
Upside open to 185 & above with the initial stop loss of 170.
NRBBEARING 15 Min AnalysisNRBBEARING is in sideways from past many days. We can see stock is rejecting 127-128 range at the same time buyers also showing their aggression that why we can see trendline also. Overall view is given in the chart. Trade @ your own risk. I am not SEBI Reg person. These views are for education purpose only.
NRB Bearings likely upsideCould give a breakout in few days as per my analysis.
Education purposes only, not recommedation
NRB Bearing: Classic Example of resistance and supportThe previous resistance has turned into support after forming a cup and handle pattern.
Stock has come out of the consolidation zone with a good volume and is now trying to make a new high.
Levels are mentioned on the chart. Lets see if we can witness the power of support and resistance here.
Disclaimer: For educational purposes only.
Nrb bearing, Long term stock#nrbbearing
Nrb bearing
Looks good to add from 155-145 levels.
Good stock for long term folio as well.
Those who want to add for long term, utilise this dip and buy it.
#vr
NRB BEARINGSAscending Channel.
It has been making rising consolidation formations as it climbs.
Slow and steady counter.
NRB Bearing - LONGNRB Bearing can be taken as LONG trade - the stock is on weekly rising channel and anchored above a longterm resistance which now acts as a good support - the stock can be bought with a stoploss of 120 positional
NOTE - please consult your financial advisor before any investment, this idea is only for knowledge purpose and not a recommendation to buy or sell equity
DAILY SWING CALL // Thursday 3rd of June 2021 // NRBBEARINGDAILY SWING CALL // Thursday 3rd of June 2021 // NSE:NRBBEARING
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 118.9
TARGET: 137+ (15% Around)
STOP LOSS: 107 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
