Pricol Multi year BreakoutPricol Multi year Breakout Watch for 118 ....... ......................... ................................. ....................................by Guruprasad1001
Inverse head and shoulder pattern breakoutInverse H&S pattern breakout with good volumes. Can be bought for a target of 98-99. CMP-91.5 and SL will be 87 on a closing basis. Do FOLLOW for more swing trading ideas.Longby TradingWithRahulUpdated 3310
Target achieved in 6 days ! 8% gain!!The stock was given at 91.5 and today it hit the target of 99. HIT the like button if you liked my analysis and do FOLLOW for more swing trading ideas. For reference, I am attaching the idea suggested below.by TradingWithRahul7
PRICOLLTDLevels are on the chart, Expecting the stock to absorb the supply and break the supply zone soon.Longby Sudhi44880
PRICOL LTD NSE:PRICOLLTD Stock is already take support on the respected support line and now shown a good move on the upside with a bullish green candle. So we can ride on it as a long position. The stoploss and profit target already mention on the above picture.Longby marketaffairs4
Uptrend supportIt is in an uptrend for quite some time and now taking support again on that line. Can be bought for a target of 106-107. CMP-98.5. SL will be 93 on a closing basis. HIT the like button and do follow for regular swing trading ideas. Happy Trading :)Longby TradingWithRahul1
Pricol Multi-year breakout on monthly chartPricol ready to break-out after the rounding bottom chart pattern created in a 3 years time frame. This breakout is considered as a bullish sign and we can expect some really good levels from here. We should see 150 levels very soon here. Longby NandanChaturvediTradeUpdated 0
Half round patternThere become half round pattern hence there price will be consiladate and goes upLongby seghule0
Half round patternThere founded under round patter Hence the price will be consiladate and goes up Longby seghule0
Pricol Industries: LongProfit Possibility (43%) Bowl Formation Major Turnaround They have made major fundamental changes in their business model, they have shut down their loss making subsidiaries abroad. Volume Consistently rising For safe profit booking 170-190 is good place to exit, but technical analysis suggest going for 200 Longby LALTA111
PRICOL LTD - FUNDAMENTAL & TECHNICAL - WONDERFUL OPPORTUNITYPricol Limited is engaged in the business of manufacturing and selling of instrument clusters and other allied automobile components to OEMs and replacement markets. Presently, the company operates 9 manufacturing facilities across India and 1 in Indonesia. The company has high concentration in 2W industry as it derives ~70% of revenues from this segment alone. Company's product portfolio includes Driver information system (DIS) clusters, sensors & switches, pumps & mechanicals products, telematics (connected vehicle solutions) & auto electrical products. The business was started in 1974 and is headquartered in Coimbatore, Tamil Nadu. FUNDAMENTALS: > It is a Small Cap company with a market cap of just Rs.1,251 Cr. > The ROCE and ROE is at 15% and 9% respectively which is good. Positive. > Book Value to Market Value ratio is 2.4 which means the company have overall stable fundamentals. > Stock P/E is at 30 which makes the valuation attractive as compared to the sector P/E at 33. Positive. > Higher than Industry Revenue Growth: Over the last 5 years, revenue has grown at a yearly rate of 63.3%, vs industry avg of 6.31%. Positive. > Increasing Market Share: Over the last 5 years, market share increased from 0.09% to 0.81%. Positive. > Higher than Industry Net Income: Over the last 5 years, net income has grown at a yearly rate of 35.93%, vs industry avg of -8.67%. Positive. > Stable Topline and Bottomline, continuously increasing on QoQ basis. > Debts: The company have Debts of Rs . 186 Cr as per Mar 21 Balance Sheet which is much below the acceptable limits as compared to Reserves. > Reserves: It is Rs.511 Cr as per Mar 21 Balance Sheet. > OPM is consistently growing in last 3 years, it is at 12% as per Mar 21 Balance Sheet. > Promoters holding is intact at 36.53% since last 10 years, like they trust their own business and staying invested. > One thing very amazing about this company is FIIs are heavily invested in the company and they are constantly increasing the stake. TECHNICALS: > The stock has taken long 3.5 years to make a wonderful rounding bottom pattern after taking support at Rs.23 levels. It has given breakout recently with huge volume. > On the chart stock is continuously in UPTREND since March 2020 Covid fall. > Increasing Long Volume towers as indicated by blue arrows at the bottom indicates that lot of accumulation is going on in the stock continuously. > Trading above 100 and 200 DMAs this talks about the strength in the bull run of this stock. Company's massive client base includes all big and small names in the industry. Few of them are Hero Motocorp, TVS Motors, Bajaj Auto, Ashok Leyland, Tata Motors, Suzuki, Volkswagen, Eicher, Tata, Toyota, TVS, Bajaj, BMW, Harley-Davidson, Mercedes-Benz, Mahindra, JCB, L&T and many others. Company financials are not very strong on YoY basis but if we look closely at the QoQ basis it looks like a turnaround story. The company is making come back with a big bang. Now if we look at the market from broader perspective, Automobile industry is in good momentum specially all small and midcap Auto Ancillary business. The company have massive client base. Fresh Buy - AT CMP i.e. Rs.102 Old Buy – Hold Target – Hold for at least 2X, i.e. more than Rs.200. Risk Management Tip: Never invest more than 5% of your capital in any single stock. Happy Investing! ShareMktSchoolLongby ShareMarketSchool3
Can go long on PRICOL LTDBreakout strategy above resistance trend line. Go long on PRICOL LTD above 94.75 for the targets for 99/101Longby alifaruqi1430
BULLISH PATTERN FOR 15% GAINSLevels and Target well mentioned in the chart itself NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success. (Do talk to your financial advisor before making any investment decisions) please like, share and comment if you have any suggestion regarding this analysis THANKSLongby N50-ANALYSTUpdated 229
PricolWedge Breakout keep n eye.. Bit Risky But can be bought on dips 86 SL small at 82Longby Singh_Siddz4
Reversal possible. Fibonacci levels mentioned for possible priceFor education purposeLongby sairam_nadikuda0