📊 Script: SONACOMS 📊 Sector: Auto Ancillaries 📊 Industry: Auto Ancillaries Key highlights: 💡⚡ 📈 Script is trading at upper band of BB. 📈 MACD is giving crossover . 📈 Double Moving Averages are on urge of Crossover. 📈 Right now RSI is around 59. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 705 🟢 Target 🎯🏆 - 750 ⚠️ Stoploss ☠️🚫 - 683 ⚠️ Important: Always maintain...
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...
Sonacoms has been consolidating since past 1 year. This is a pre breakout idea, hence risk is more. 480-500 is a strong demand zone from which stock has recently showed a big rejection. Levels mentioned in the chart. Good stock for EV theme investors as it is a stock from auto ancillary sector. Keep in watchlist.
Sona Coms Showing Perfect Ascending Tringle Chart Pattern with Breaking out & also done with its Retesting now we can see such a good upmove KEEP ON RADAR
Sonacoms has given a beautiful breakout with good volumes, stock has even retested its levels and gave a good confirmation. My targets are huge and I am bullish on this stock Quick targets for Swing - 638, 690 Long targets - 690, 735, 769, ATH (all time high) Only for Educational Purpose Do your own research
📊 DETAILS Sector: Auto Ancillaries - Castings/Forgings Mkt Cap: 34,069 cr Sona BLW Precision Forgings is an India-based automotive technology company. The company is engaged in designing, manufacturing and supplying engineered automotive systems and components such as differential assemblies, gears, conventional and micro-hybrid motors, BSG systems and EV...
A Global Auto-Tech Innovator with Elliott Wave Insights Let's delve into Sona Comstar, a global player in automotive systems and components. The company operates across India, China, Mexico, and the USA. About Sona Comstar Sona Comstar is an automotive technology powerhouse, crafting highly engineered systems and components. They supply vital parts like...
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
NSE:SONACOMS after a long down trend it seems to be ready for reversal trend. It has just breakout its resistance level 480 and forming a double bottom pattern. Traders may consider entering a position in the range of 485-490, with target levels at 515, 545 & 600. It is important to note that trading carries a risk of loss, and a stop loss at 453 is recommended...
No Overlap Descending Gapup Highest high on the leg Enough to stay in momentum in Q1 RRG
SONACOMS has rested on its next support and now on the way to the second phase of its uptrend after the trend reversal from the channel. The targets and the SL are marked on the chart for your reference. Remember this is an education post and meant only to understand the behaviors of the charts. It does not carry any tip to buy or sell for the stock. Good Luck !!!
SONACOMS | 41% TARGET | SWING TRADE This is an educational purpose tech analysis video
Hello; Long term investers I wanted to share my thoughts on the recent movement in the stock price of SONACOMS. As you may know, the stock has fallen 50% from its upper levels, and is currently taking support at its current price. In my opinion, this presents an Good opportunity for long-term investors to buy into the stock. SONACOMS is a company with strong...
As per Stan Weinstein methodology, stock is in late stages of accumulation Trading above 30 Week EMA People following that methodology will be keeping a sharp eye on this stock. From EW - Price has reached the resistance level in a clean 5 wave rise, after completing a 78.60% retracement of the whole rise since its listing. Any retracement would offer good...
#sonacoms : Positional call (1-3 months) >> Range Breakout candidate >> enter above safe entry zone or above 490 >> 2 seperate Stoploss mentioned for swing & positional >> Good Strength & volumes building up in stock Keep Liking & sharing for more such analysis, leave a comment if u like the analysis @moneyfesttrading
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.
BUY - SONACOMS CMP - Rs 422 Target - 1: Rs. 593 Target - 2: Rs. 806 . . Technical - 1) Bullish Cypher Harmonic Pattern. 2) The stock is at support. 3) Targets have been set using Fibonacci Retracement. . . Fundamentals - 1) Company has opened a new manufacturing plant in Pune. 2) 62.66% YoY growth in EPS. 3) FII holding has increased QoQ. 4) DII holding increased...
Stock has been consolidating from past one year after a giving a strong rally of more than 150%. On 25/01/23 stock has finally given breakout from its downtrend. Price level of 480-500 may act as immediate resistance for the stock. Major support lies between 400-410 in case price retraces in to previous channel. If price manages to close above this level, we can...