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...
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...
To speak about the fundamental of the company, Sonacomstar is among the Top 10 Global Differential Bevel Gear Suppliers, Among the Top 10 Global Starter Motor Suppliers for PVs, and the Largest manufacturer of differential gears for PVs, CVs & Tractors in India. Sona Comstar has an 8.7% market share in the global market in Battery Electric Vehicle (BEV)...
#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
