RICO AutoGiven a Pennant Breakout in daily with good volumes. If sustains at these levels. Doors of higher levels may open.
RICOAUTO trade ideas
Invest in Rico Auto and Double your Capital :) { Very Bullish }Everything mentioned on chart :) ....
RICO AutoRico after staying in a channel for quite sometime gave a good weekly breakout.
Volume also supported the move.
Staying above 60 will make this move up till 80/90/100
Rico auto looking at a up moveKeep a eye for price consolidation and potential buy opportunity !! (Not a intraday idea)
Rico - consolidation or cross resistanceScrip had reached crucial support level for not having so good Mar-(YoY) results 2017 although, OPM% managed to remain above inflation rate :)
Bullish reversal appears on the card for now
TP = Resistance 1, 2 around consolidation as seen earlier
Crossing could touch (52 week high) 75.35
