Pricol ltd- Within a Rounding Bottom, C&H breakout happened and then RB breakout happened for the target mentioned in the chart. Wait for the candle close above 444 for the targets of 500 and 540.
Team Stocks-n-Trends
Note: This is for educational purpose only.
Pricolt limited will give a limitless gain in short term upto the targets mentioned in the chart in green colour. C&H brekaout done already and currently at resistance. RB breakout pending for the much higher target.
Team Stocks-n-Trends
Note: This is for educational purpose only.
Dr.✍️ PhD
@EquityVedh
·
4s
#Pricol
It is engaged in the business of manufacturing and selling of instrument clusters and other allied automobile components.
Market Cap₹ 5,209 Cr.
ROCE 20.1 %
InstHold 31%
Growth YOY:-
SALES 20%
PAT 27%
Cup and handle breakout with Volume.
Market Cap (Mcap): ₹5,119 Cr
Current Market Price (CMP): ₹420
52-Week High/Low: ₹444.00/₹171.80
PE Ratio: 39.70 | PB Ratio: 8.80
Technical Analysis:
Post Earnings Performance: Showed profit booking after earnings.
Kumo Clouds: Currently moving within the Kumo clouds on the Ichimoku chart.
Volume Analysis: Recent weeks have not seen significant volumes.
Symmetrical...
Pricol Limited is an automotive components and precision engineered products manufacturer. Stock is in a Bullish channel and FIIs and DIIs are making positions. CMP looks good to me.
NOTE: I'm not a SEBI. REG. Study before investing.
Largest instrument cluster manufacturer
Financials looking good
Stakes increased by FII& DII
Target 1 & Target 2 marked on 📈
If it breaks Trend line in upward direction then minimum 23% gain for 1st target
Note: only for educational purpose
#PRICOLLTD trading above Resistance of 391
Next Resistance is at 454
Support is at 310
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...
#PRICOLLTD trading above Resistance of 288
Next Resistance is at 391
Support is at 185
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....
-trading near resistance no sell off from resistance area
-strong support from trend and 50 ema
-rise in volume, rsi & adx
-above resistance it can give decent return
#pricolltd
CMP ₹:378.4
Date : 22-12-2023
Pricol Ltd is engaged in the business of allied automobile components to original equipment manufacturers.A zero promoter pledge company with low debt. Revenue & profit increasing viz qoq. RoA, RoE, RoCE improving for last two years. Stock now in its 52 week high with significant volumes. High return from stock value for...
After forming an uptrend pattern it has given a pullback to form a new higher low of the uptrend and after the pullback it has given a good breakout indicating that this stock is ready for a bullish move.
Chart is self explanatory.
It is not an investment advice. Only for Educational purpose.
Kindly do your own research before buy/sell decision.
Thank you!
Consolidation breakout
Uptrend stock
Trading above all important moving average
Enter 252
And follow the trend and enjoy the ride with tsl
227 stoploss
25 point stoploss with 1% risk on your capital
~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
