Date : 31-Jan-2024
Rating : Buy (Mid Term as well as Long Term Opportunity)
LTP : Rs. 618.20
Target : (1) Rs. 669 --> (2) Rs. 706 ++
SL : Rs. 550
Technical View :
NSE:SONACOMS has given breakout from its secondary down trend within primary uptrend. MACD crossover is done on 31-Jan and RSI is already in buy zone. Indicates bullish sentiment for the coming...
NSE:SONACOMS
A great proxy player to Automobile Industry with great fundamentals and it was backed by one of the biggest fund house in the world Blackstone.
Stock was in sharp impulse wave which is wave 1. After impulse stock was in running triple three correction which is wave 2. Running triple three correction can be difficult to identify but give...
Sona blw precision long
Had been on down trend for long. Currently at the support levels and near formation of double bottom pattern. If sustains with good volumecan see good upmove.
453-477- and more if sustains.
No recommendations, just my view based on chart pattern.
Sona BLW chart analysis for medium to long term. If it come 415 can initiate fresh buy or add more for bounce. Major up move will come when it close and sustain above 600 level
#sonablw
sonacoms
The day we see closing of sona above 775 I am expecting a strong upmove!!
Those holding with patience for next few years will be loaded with money in this quality stock!!!
#vr
The journey of the company started in 1995 as Sona Okegawa Precision Forgings, which was a 75:25 joint venture between the Sona Group and Mitsubishi Materials and the pioneer of warm forged near net-shaped gears manufacturing technology. The Sona Group, after acquiring Thyssen Krupp’s forging business (which acquired BLW, the inventor of warm forging) and 25%...
