if it crosses 114 next reistance is 121.80 and id croses that next target is 135-145-150 , SL 104.50, as q4 results are near , decent volumes seen in this stock
NRBBEARING can be Good go long
long term Target (6m + )
Don't Buy Blindly Do Your Own Research.
Blue Line :- Closing Above Can Go long
Red Line :- Closing Below SL
lavender Line :- act as Target, resistance & support
See the volumes. how bullish days volumes have been greater than bearish days. This says its building up something in behind from long. Also, making consistently higher lows that's again a bullish sign.
NRB BEARING BUY ABOVE 71
SL 56
TARGET: 74, 78, 84, 88, 92
Posting for Educational purpose only
Closing Basis means stock need to trade above 71 between 3:20 ~ 3.30 PM
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NRB BEARINGS: CMP 100
👉NRB BEARINGS is largest manufacturer of needle roller bearings in India, with more than 70% market share.
👉 These bearings are used to reduce the friction of a rotating surface. Mainly, these bearings will be used for weight reduction and lower space utilisation in vehicles. Company is into OEM(Original equipment manufacturers) and...
* When a stock in which there is a large number of shares outstanding, and in which there is, at all times, a fairly active and “close” market emerges from a long-time Bottom, it will often make a long Major Advance in a series of “Saucers.” These successive patterns, each of which resembles, in both price and volume action, the Reversal Formation described in...
