This is the analysis of VARROC in the Daily Time Frame. Watch carefully. The chart explains itself.
If it breaks and sustains above the upcoming resistance level, it is good for the stock.
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...
FUNDAMENTALS
Varroc belongs to auto ancilliary sector.
One of the strongest OEM player to ride this bull run on auto sectors.
Ready for EV and had rolled out a lot of stuff for 2 wheelers already. Engine Valves, Lighting, Forging, ADAS ; you just name it and they make that.
The company is not only catering to Indian markets but have manufacturing setup outside...