NDR AUTO COMPONENTS - Wolfe WaveSome of the people who know me also know how big a fan I am when it comes to my conviction on the Wolfe Wave.
I see it pretty clear over here. Targets mentioned in Green. Ride the trend.
NDRAUTO trade ideas
NDR AUTO@32% Strong Upside MomentNDR Auto very storng reversal has taken price so,diffidently reach to target level so buy CMP Tgt-1032.
NDR Auto Components Ltd - Breakout Setup, Move is ON...#NDRAUTO trading above Resistance of 1476
Next Resistance is at 1938
Support is at 1094
Here are previous charts:
Chart is 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 is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NDR Auto Components Ltd - Breakout Setup, Move is ON...#NDRAUTO trading above Resistance of 1094
Next Resistance is at 1476
Support is at 728
Here is previous chart:
Chart is 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 is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NDR Auto Components: Bullish Breakout with Strong MomentumNDR Auto Components has demonstrated a powerful upward move, closing at ₹1,639.10, reflecting an impressive 17.35% gain.
Key Observations:
Bullish Breakout: The price action has decisively broken out above a rising trendline, which had been acting as a resistance level for a considerable time. This breakout is accompanied by strong volume, indicating investor confidence in the move.
Volume Surge: The volume bars at the bottom highlight a significant spike, further confirming the breakout's strength.
Support and Resistance Levels: After consolidating near ₹950, the stock has made a strong upward push. It recently breached a key resistance level near ₹1,200, turning it into support.
50-Period Moving Average (Blue Line): The stock has consistently stayed above the 50-week moving average, indicating long-term bullish strength.
stock analysis on NDR auto componentsTrading Overview:
CMP: $806
52W High/Low: $1059 / $407
Market Cap: ₹958 Cr | PE Ratio: 31 | PB Ratio: 5.64 | Div Yield: 0.62%
Analysis:
Upward breakout from upper Bollinger Band on the daily chart.
Historical pattern of reversal from the support zone: $701.25 - $725.
Currently crossing the middle band with potential for a bullish move.
Healthy volume on reversal can strengthen the opportunity.
Note: While the stock seems fundamentally strong, it's crucial to conduct thorough research before making investment decisions.
Disclaimer: This information is for educational purposes only and not financial advice. Investing involves risks; consult with a financial advisor and perform due diligence before making any investment decisions.
Bluesky Breakout with Volume.#NDRAUTO
It operates in the auto components industry and manufactures seat frames and trims.
Market Cap₹ 1,056 Cr.
ROCE 16.6%
InstHold 0.01%
Growth YOY :-
Sales 32.7%
Profit 50.4%
Bluesky Breakout with Volume.
#StocksInFocus
Auto stock Auto Components Ltd
ABOUT
NDR Auto Component operates in the auto components industry and manufactures seat frames and trims for four-wheelers and two-wheeler vehicles and other accessories relating to car seats
It was incorporated and listed in 2019 as a part of Rohit Relan Group. It was listed post demerger of the automobile seating business from Sharda Motor Industries
NDRAUTO - Swing TradeEntry: 856
Target: 1070
SL: 815
Pattern: Flag & Pole Breakout
EMA's : EMA21 > EMA30 > EMA40 > EMA50 > EMA150 > EMA200.
NDR Auto - Wedge BreakoutThe stock has been consolidating and has caught up to its moving averages.
The stock could break out of a wedge nexxt week.
Long above 830 with a SL below 785 for a quick move into the 950's..
Inverted Head & shoulder Breakout- Strong BO with big volumes
- Volume decrease during pull back
- Rejecting at the retest but volume is not that good till now
Disc :- This is just my view Not a buy recommendation
NDR AUTO COMPONENTndr auto component given good break out and making new highs , charts looks good and company catering to auto sector looks for buy on dips
cmp 676 pyramiding prefered till 560 with stop at 500 for multibagger return.
NDR Auto Components Breakout1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since January 2022, NSE:NDRAUTO has given a breakout on Friday. Buy with a stop just below ₹460. (One can use the low of the previous bar/supertrend indicator/previous support point/fixed percentage from the buy price as stop loss also)
Strengths: -
1. Quarterly sales growth is at 43% and quarterly profit growth is at 71% (June quarter)
2. Debt to equity at 0.07(less than 1 is good), Interest Coverage at 23.8(greater than 3 is good), Current Ratio at 2.67(greater than 1.5 is good)
3. Debtor days have decreased from 99 to 48
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
NDR Auto Components Ltd : +40% Upside PotentialLevels as mentioned on the chart
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
NDRAUTO Broadening Wedge formNSE:NDRAUTO BSE:NDRAUTO
Time Frame – Weekly
Observations :-
* Trading in Right-Angled Ascending Broadening Wedge pattern
* Breakout above 500
* 300-360 strong support zone
* Weekly closed above 500 must for next upside
Resistance – 601 / 760 / 866
Support – 300-360 zone & 420 level
DISCLAIMER : NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
NDRAUTO #NDRAUTO (W):- CMP 475 Looks Good For More Upsides :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
This Auto Stock nda Auto has Ready to Breakout#AUTOSECTOR has good move and this has breakout Expect upside in comming week towards 525
NDR Auto Components / Cup and Handle / R:R 1:12NDR Auto Components has given a fresh breakout with good volumes.
Let the price retest to its previous resistance zone and take entry for better risk-reward.
Now 270 will act as a major support
SL 240
Target
1st 400
2nd 560
NDR AUTO, DAILY CHART (TECHNICAL ANALYSIS)An amazing inverted head and shoulders pattern breakout can be seen. volumes are huge,(macd bullish crossover). broke R1, R2 pivots with a big green one looks bullish. can be a positional trade up to a target of 277 i.e next resistance R3 and stop loss can be kept at 240 or can trail according to your choice.
Trade at your own risk.
Thank you.
