Good evening friends welcome we are back with another good stock that is Autoaxles which is right now at good level and if it sustains above 1190 it can witness huge upside in one week. Details given in the video. Kindly see the video for full details.
We are only sharing our view and it is not any recommendation or tip, kindly consult your financial advisor, we...
Auto Ancilliary sector is showing good movement. Look out for follow up volumes.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many...
this stock making higher high and higher low formation on weekly chart and look like ready for take off from here for next higher high.keep stop loss below latest higher low on weekly closing basis.
![AUTOAXLES: Intraday Picks [12/02/2021] #3: watch for resistance breakout](https://s3.tradingview.com/f/fXdvhRmA_mid.png "Intraday Picks [12/02/2021] #3: watch for resistance breakout")
