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.
Stock 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...
Chart -> 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.
I daily make educational content videos on swing / positional trading
NRB 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
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.
NSE: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 - 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
The 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.
Prefect round bottom pattern Good R:R fundamental good Sector in buying looks volumes picking
NRBBEARING 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.
CMP: 156 Closed above its long term resistance. Heavy volume has been seen. Support: 120
Could give a breakout in few days as per my analysis. Education purposes only, not recommedation
The 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.
#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
Ascending Channel. It has been making rising consolidation formations as it climbs. Slow and steady counter.
Triangle pattern in Nrb Bearing Limited. wait till breakout
Bullish flag breakout in Nrb Bearing Limited. can take long position now