MENON BEARINGS LTD

NSE

MENONBE

For Educational purpose Buy for Target 135 145 155 SL below 115 CBSL

H> 102.20 and C>98.1 needed by Friday 22/12/2017 With strength CCI(D/W/M)>100 Volume Support TGC active

CCI D/W >100 Strength Candle on TGC Target: 105 / 125 Duration: 4-5 days SL 85

The stock has broken out of a pattern 1 year in the making, good times seem evident for the stock.

NSE:MENONBE is ready to breakout, Be ready to take position in that with the target of 95-100. Risky traders can initiate their position before breakout having positive view near to 75.

parellel pattern with trendline breakout in few days