NRB BEARING TARGET 164NRB BEARING weekly raising wedge bullish from support line. Weekly closing is good. In day double bottom breakout chance. If break 129 and sustain above it will reach 164
NRBBEARING trade ideas
NRBBEARING 15 Min AnalysisNRBBEARING is in sideways from past many days. We can see stock is rejecting 127-128 range at the same time buyers also showing their aggression that why we can see trendline also. Overall view is given in the chart. Trade @ your own risk. I am not SEBI Reg person. These views are for education purpose only.
NRBBEARING NEAR DEMAND AND RISING CHANNELNRB is India's largest needle and cylindrical roller bearings producer headquartered in Mumbai. NRB was incorporated in 1965 as an Indo-French venture with Nadella and pioneered the production of needle roller bearings in India
DEMAND ZONE TRADE
BUY AROUND 160-162
SL BELOW 157
TARGET 1:2, 1:3, 1:4
NRB Bearings likely upsideCould give a breakout in few days as per my analysis.
Education purposes only, not recommedation
NRBBREARIG : ROUNDING BOTTOM PATTERNGiven Fresh breakout , expecting some good move from here
TGT - 200 & 250
SL - 160
Disclaimer
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
NRBBREARIG : BREAKOUT STOCKNRB Bearing - breakout Stock , accumulation phase completed
Buy@CMP
TGT 1- 180 & 200
SL - 135
Disclaimer
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
NRB Bearing: Classic Example of resistance and supportThe previous resistance has turned into support after forming a cup and handle pattern.
Stock has come out of the consolidation zone with a good volume and is now trying to make a new high.
Levels are mentioned on the chart. Lets see if we can witness the power of support and resistance here.
Disclaimer: For educational purposes only.
#NRB_Bearings #Auto Ancillaries The company has significantly decreased its debt by 103.29 Cr.
Company’s PEG ratio is 0.38.
The company has a good cash flow management; CFO/PAT stands at 1.58.
Company has been maintaining a healthy dividend payout of 18.80%
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Nrb bearing, Long term stock#nrbbearing
Nrb bearing
Looks good to add from 155-145 levels.
Good stock for long term folio as well.
Those who want to add for long term, utilise this dip and buy it.
#vr
NRBBEARING1. Multi year resistance being tested (weekly)
2. Volume activities as show on chart (weekly)
3. NRB showed strength on an extremely weak day for markets
4. One can go in with a SL at 120
NRB BEARINGSAscending Channel.
It has been making rising consolidation formations as it climbs.
Slow and steady counter.
NRB Bearing - Impending breakout of 7yr S/R level
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
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 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note:
The breakout levels are derived from the weekly line chart which is respected much more by smart money.
DISCLAIMER:
I reserve the right to be wrong.
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
NRB Bearing - Pullback setupLow risk entry available in NRB Bearing. Can be bought with swing low stop. Swing trading setup
NRB Bearing - Will history repeat ? Or stock bounce back ?NRB bearing at MA support , can go long with very tight SL , If it break down - you can short the stock as well .. Details in chart
NRB Bearing - LONGNRB Bearing can be taken as LONG trade - the stock is on weekly rising channel and anchored above a longterm resistance which now acts as a good support - the stock can be bought with a stoploss of 120 positional
NOTE - please consult your financial advisor before any investment, this idea is only for knowledge purpose and not a recommendation to buy or sell equity
