The company is among the largest manufacturers of Exhaust Systems in the world, manufacturing close to 32,000 systems per day.
Besides this, it also produces more than 10,000 Spoke Rims for motorcycles and Steel Wheel Rim every day.
Clientele
The Co. has a wide customer base that includes Hero Moto Corp, Tata Motors, Piaggio, Bajaj Auto, Royal Enfield, and...
Look at chart
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Chart telling what will happen on next session
Auto auxiliary give wonderful return this also now entering into new zone towards Life time high
No recommendation for buy and sell
Your own risks to considering buy or sell
All detail for chat. good entry at mark price only. and must stoploss is 49 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Munjal Auto - Swing Trade
Broke out with huge volumes and now retesting.
SL below 48.8 (DCB)
TGT 57/59/62
Can hold/trail till the levels marked.
A good RR ratio trade ;)
Stock Name - Munjal Auto Industries Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 55.
#This is not Buy and Sell recommendation to any one. This is for...
Expecting good result from the upcoming qtr. Auto ancillary in bullish zone as well overall. Move pending in this counter. Expect Price to touch 79 / 94 in 1-2 months. Review thereafter for a Bigger Rally.
