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RICOAUTO

Rico Looking For Reversal After Making King CandleToday, NSE:RICOAUTO made a King Candle with High Volumes and came back to its Resistance Zone. If it can neget it A Swing can be seen. 200 DSMA Will be the Target and 10 DSMA as SL. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:RICOAUTO
by Karanshah137
RICO AUTO - 19 years BO | Multibagger pick | Huge Potential!Price Analysis & Overview: 1. Exceptional volume support. 2. Rejection candle from 50ema 3. 19 years ATH level BO & retest. 4. Earnings are weak. 5. RRR is fine (not very good). Monthly TF view: - W formation Trade Plan: 1. ENTRY = CMP (133) 2. SL = 10% (120) 3. TP = 1:2,1:3,1:4,1:5 - Stay tuned for further insights, updates and trade safely! - These are my personal views. - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:RICOAUTOLong
by SuperNova396
Will Motherson Wiring (MSUMI) ride with other auto ancillaries?After NiftyAuto n its stocks saw nice momentum, now with good results in Auto proxy Ancillaries sector, stocks are also performing: Balkrishna Ind, Amara raja, Exide, Uno Minda, JBM Auto, Lumax, Rico auto showing good demand. Now come to MSUMI analysis, why it can give returns? FA: -First of all decent growing QoQ, YoY and overall FY24 growth results for the company. -ROE: 42.4% (highest among top leaders and ROCE: 48% -Debt to equity : 0.15 (low) TA: -DTL BO Anticipation (Down Trend Line Breakout), tested trend line(TL) 6 times. -HLs -VCP in action -Green vol > Red Vol (only concern can be big supply on 17/may but it can taken as final flushing of supplier from TL resistance, if now tested can break easily) -Shakeouts are there (kicking out weak players) -Tight closes with low vol Overall loving the setup if possible will take cheat entry (Cheat : early entry from small base before BO in anticipation of BO)
NSE:MSUMILong
by takmanish007
RICOAUTO Analysis & Prediction This is the analysis of RICOAUTO in Monthly Time Frame. Watch carefully. The chart explains itself. The stock may retest the breakout level again. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your “STOMACH”. Disclaimer: This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading. About RICOAUTO : Rico Auto Industries Ltd. engages in the manufacturing and assembling of automotive components for the automotive industry. Its products include oil pump assembly, fuel system parts, center housings, back plates, oil pan, front cover, main bearing caps, and brake discs. The company was founded in 1984 and is headquartered in Gurugram, India.
NSE:RICOAUTOLong
by suraranjanganguli
RICOAUTO - Ichimoku Breakout📈 Stock Name - Rico Auto Industries Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 150. 🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert Excited about this analysis? Share your thoughts in the comments below! 👍 Like, Share, and Subscribe for daily market insights! 🚀 #StockAnalysis #MarketWatch #TradingEducation #ichimoku
NSE:RICOAUTOLong
by nikunjbhadja
RICOAUTO - Ichimoku Breakout📈 Stock Name - Rico Auto Industries Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 124. 🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert Excited about this analysis? Share your thoughts in the comments below! 👍 Like, Share, and Subscribe for daily market insights! 🚀 #StockAnalysis #MarketWatch #TradingEducation #ichimoku
NSE:RICOAUTOLong
by nikunjbhadja
2
RICOAUTO - Bullish Consolidation with VolumesNSE: RICOAUTO is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:RICOAUTOLong
by BrahmaBull31
RICAUTO Breakout analysis on 22 NovRicoAuto has given a breakout after taking the support at 200 EMA. As it has given the breakout a nice bullish momentum is expected. The trade has a nice Risk:Reward :: 1:3. Reasons: High spike of voulme shows huge buy interest. Price > EMA(13,50,200) (Bullish) Nice Range Breakout next level of resistance is 109. RSI is crossing 60 to upside means heavy bullish momentum. Price is just above VWAP. Verdict: Bullish breakout Plan of action: Buy = 95.60 Stoploss = 91.40 Target = 109
NSE:RICOAUTOLong
by finnova_
RICOAUTO - Long Setup, Move is ON..NSE:RICOAUTO ✅ #RICOAUTO trading near Resistance of 107 ✅ Next Resistance is at 169 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:RICOAUTOLong
by Sandeep_Aggarwal