RICO AUTO INDS RICOAUTO

ssshaktawat Premium

The stock is at important juncture. It's trying to cross 4 years strong horizontal TL. Already trading above the rising channel of 8 months. A strong close above it can give 15 to 20% gain. Bullish structure on daily, weekly and monthly TF. Possibility of retest of breakout is also there .

beartrader17

Stock is in the process of completion of rounding bottom pattern and will head towards all the high. Will take time and one should hold patiently for better returns.

bhavik5001

price volume breakout Good price up move with rise in volume in falling market indicating good hands has entered

NiftyBreakouts Pro Updated 

RicoAuto is on the verge of a strong breakout. Entry - 61 till 59 Target - 75 SL - 55.60 Study & Trade Responsibly

Swing_Trading_Chart

Cup and handle breakout in Rico Auto Industries Limited with very high volume

ratneshr Pro+

Inverse Head and Shoulders #Breakout at #RICOAUTO (Rico Auto Industries Ltd) Weekly Chart. Its #Outperformed #Nifty BSE: 520008 / NSE : RICOAUTO What Is the Inverse Head and Shoulders? An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top...

Chartworld1 Premium

Rico Auto has great price action, RS is +ve and given breakout on weekly chart with good volumes. This can move to 105+ levels soon.

Stocks_Mario

(W Pattern - Monthly) + (Pennant Pattern - Weekly) Buy @ 63_59 | WCBSL 47 | Tgt 87 / 105+

DY9772

This scrip is expected to give breakout in the coming days as it is on the verge of breakout. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏

TradingBanker

multibagger potential with targets markedly in orange and SL of 47 on WCLBS. Disclosure: already invested

vishalharsora001

Once price Breakout above 64.5 seen good moment from this level. RSI Monthly above 60 RSI Weekly above 60 RSI Daily above 60

RishitDedhia Updated 

Rico Auto CMP: 58.05 T1: 62.65 T2: 74.20 T3: 87.30 SL: Black Trendline. (When a candle closes below black trendline on a closing basis)

sabyasachi_nath Updated 

In the last 15 odd days Rico Auto has shown a strong uptrend by staying above a strong descending resistance angle. The next important resistance level comes at 80 level and if the momentum remains bullish we may see that level between the first week and the second week of January '23. That will be +30% from the present level. Progressive support level range is 55 to 49.

Kapildsrawat

the trend reversal pattern in auto sector could help this scrip too, trading near trend line if crossed 53 level then make long position

RishitDedhia Updated 

Follow the Trend: As Auto companies saw a good swing can see the impact on Auto ancillary companies

mdsohail2500

Rico auto has broken resistance which become support and getting rejection from support know the support area become demand zone where we can enter into the stock

DY9772

This scrip is expected to give breakout in the coming days. So Traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏

ravi15684 Updated 

Ricoauto - Bullish - when in cross/ break the resistance... Educational purpose...