Time Frame - Daily 1. Fibonnaci 0,618 level 81.65 2. Looking strong at supports 3. A retracement seen after a sharp uptrend This chart is only for educational Purpose. Do your own study before taking any trades
Sign of strengths - Ultra high volume breakout candles Cup and Handle Pattern Breakout CMP - 90.4 Placing GTT Trigger order at 94 SL 85
RICO AUTO-Above 92 exists a bullish gap which remains to be filled.If holds above 92 on closing basis likely to fill the gap (Foe educational purpose only)
NSE:RICOAUTO ✅ #RICOAUTO trading near Resistance of 107 ✅ Next Resistance is at 169 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This...
BUY - RICO AUTO INDS CMP - Rs. 102 Target - 1: Rs. 125 Target - 2: Rs. 154 . Timeframe - Target - 1: 2-4 months, Target- 2: 5-8 months . Technicals - Bullish Triangle Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Long Rico auto after the break out of the major resistance zone @ 112. Expected levels of 140-150 with SL of 98. We can see the 50 EMA as well as trend line support.RSI also forms positive divergences. This is for your educational purpose only.
Rice Auto is entering its last resistance zone before it could move into ATH territory. Once 120 gets taken out its open space towards an 18 year breakout.. Markets are currently hot and a cooloff could first happen to maybe even 98 but that might be an excellent zone to add more of the stock. Once it takes out 120 there is no stopping this stock.
DISCLAIMER Our video is intended only to provide general and preliminary information to traders/investor and shall not be considered as any investment decision. Do your own analysis, This is not a buy or sell tip. This is just for educational purpose only. And I'm not responsible for your Profit or loss as I'm not a SEBI registered financial advisor.
Rico Auto Good quarterly numbers with good chart pattern
expanding pattern flat base and make higher high maybe we can get 20% return
CMP =80.55 Breakout with good volume on 18 May, Gap which was created on 15 Feb was filled significantly with good volumes. RSI= 66 Fundamentally:- Not so good stock with ROCE and ROE being less than 10. SL for this stock can be just below the 75 levels. Target:- 86 Disclaimer:- This is not any buy or sell recommendation, this analysis is just for...
Inverted Head and shoulder breakout on RICO AUTO on daily timeframe PS: For learning purpose only
Breaking out with increased volume, risky players can enter at cmp
Rico auto on the way to complete wave 4 correction Flat if price move fast and break trendline take long for targets of 105
Stock is in the process of completion of rounding bottom pattern and will head towards all the high. Will take time and one should hold patiently for better returns.
price volume breakout Good price up move with rise in volume in falling market indicating good hands has entered
RicoAuto is on the verge of a strong breakout. Entry - 61 till 59 Target - 75 SL - 55.60 Study & Trade Responsibly
The stock is at important juncture. It's trying to cross 4 years strong horizontal TL. Already trading above the rising channel of 8 months. A strong close above it can give 15 to 20% gain. Bullish structure on daily, weekly and monthly TF. Possibility of retest of breakout is also there .