Enter at 39.15, SL-38, TGT-41.75/42/44/48 44 and 48 are only possible if the breakout is done and sustained
NSE:RICOAUTO Buy above 58 or near 52-50 SL closing below 45 T 62 67 74 above 75 closing we can see 90+
#RICOAUTO looks to be a eligible counter for breakout above 54 The counter made a high to this zone 6 weeks back and then made a new base at 45+ levels , The volume support has been increasing in the recent past The counter has making highers highs for while now and nearing its recent BO point Note : This article is for education and research purpose only ,...
Observed that Rico Auto Industries is steadily going up and has now paused at a key Fibonnaci level. Managing to cross that, it stands a good change to the levels plotted on the chart. Traders watching this stock may want to look out for a good buy opportunity. Tradingview gives it a STRONG BUY rating. As always, please do your own due diligence on each and...
#RICOAUTO LONG TERM INVESTMENT NSE: RICOAUTO CMP 49.05 Target 68.30 SL 44.25 Profit 40% Can Hold For Long Term Factors: Trend Following Follow the trends. Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT...
Ecpected Upmove with support of EMA 50 RSI<80 Heavy Volume Breakout Entry above 49.80 Target - 52,55,60++ SL - 44 (Purely on closing basis)
Look fresh near 29-30 for upside 35-40-45 with SL 25.. Refer chart for more details...
All important levels mentioned in chart..
RICOAUTO is currently facing resistance and in days to come it could test the channel bottom if it breaks down below 88. Rico bulls need to be careful even after a breakout above 107!