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Rico Auto Industries Limited

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RICOAUTO 1 Week Time Frame 📊 Current Price Snapshot The stock is trading around ₹115–₹122 range recently. 📈 Key Levels for 1-Week Time Frame 🔵 Resistance Levels (Upside Targets) 1. ~₹121–₹122 — Immediate resistance zone (short-term pivot region). 2. ~₹126–₹127 — Next resistance zone where sellers may appear. 3. ~₹129–₹132 — Higher resistance area, a target if momentum improves. 📌 If price breaks and sustains above ₹122–₹126 with volume, near-term bullish continuation could occur. 🔻 Support Levels (Downside Defense) 1. ~₹113–₹114 — First technical support. 2. ~₹110 — Secondary near-term support. 3. ~₹105–₹106 — Stronger lower support zone if selling accelerates. 📌 A close below ₹110 in daily charts often signals deeper pullbacks. 📌 What Traders Are Watching Some technical analysts have noted support around ₹120–₹123 with stop-loss/entry zones for short-term trades (e.g., stop-loss near ₹114–₹115). ⚠️ Risk Notes Short-term technical signals (like moving averages) currently show weak to selling bias on intraday/daily charts. Broader market conditions and sector movement can heavily influence price direction.
NSE:RICOAUTOLong
by Knowledgehub
1
RICOAUTO 1 Day Time Frame 📌 Current Daily Price Context Yesterday’s intraday range was roughly ₹133.22 to ₹138.48. The stock is trading near its 52-week high area (around ₹141.50). 📈 Daily Support & Resistance Levels These levels are useful for short-term traders looking at 1-day candles: 💡 Immediate Resistance ~₹138–140 — Recent intraday swing high. ~₹141.50 — 52-week high resistance zone. 📉 Near-Term Support ~₹133–135 — Recent intraday bounce zone. ~₹125–123 — Stronger support from prior consolidation and volume accumulation. ~₹121–116 — Secondary support if deeper pullback occurs. Pivot Area ~₹135–136 — Current pivot zone around which price is oscillating. (inferred from recent price movement) 📌 Expected Daily Price Range (Next Session) Based on volatility and recent ATR estimates, a typical 1-day trading channel could be: 👉 ₹132.9 (low) to ₹140.9 (high) potential range. This implies traders should watch how price behaves around the resistance near ₹138–140 and support near ₹133–135 for short intraday decisions. 📌 How Traders Often Use These Levels Bullish day scenario: Break and hold above ₹140 could open up continuation toward fresh highs. Pullback support at ₹133–135 can offer intraday longs if price holds. Bearish day scenario: Toggle below ₹133 could see deeper pullbacks to ₹125–123 zones. Sustained weakness below ₹121 might signal further risk on daily time frame.
NSE:RICOAUTOLong
by Knowledgehub
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Cup & Handle Breakout in RICOAUTO BUY TODAY SELL TOMORROW for 5%
NSE:RICOAUTO
by Kapil-Mittal
4
Reclaiming The Breakdown: Descending Triangle To Inverse HnSThis weekly chart of Rico Auto illustrates how structure can evolve over time and why rigid bias around a single pattern can be misleading. Price initially respected a clear descending trendline, forming a classic descending triangle and eventually breaking down below the support zone. Instead of continuing in a straight-line downtrend, the market absorbed that move and began to build a broader basing structure. Over the following swings, price developed an inverted head and shoulders formation, highlighted here with the white structure, right inside and just below the prior breakdown area. As the pattern matured, price not only reclaimed the prior horizontal zone but also pushed back toward the original red counter-trendline that once acted as dynamic resistance. The same trendline that confirmed the initial triangle breakdown is now being revisited, showing how former breakdown structures can later turn into key decision zones rather than one-way signals. This chart is shared purely to study how multiple patterns can co-exist and morph on higher timeframes: -A descending triangle that initially breaks to the downside -A subsequent inverse head and shoulders basing pattern -A later reclaim of the old breakdown area and retest of the descending trendline Disclaimer This post is for educational and illustrative purposes only and is not investment, trading, or financial advice. Please do your own research and consult a registered financial professional before making any trading or investment decisions.
NSE:RICOAUTOLong
by Averoy_Apoorv_Analysis
Rico Auto (D): Strongly Bullish, 20-Year BreakoutThis is a high-conviction, "blue-sky" breakout setup. The stock has shattered a resistance confluence that includes a 20-year-old horizontal ceiling . This technical move is powered by a massive fundamental turnaround in the recent quarter. 🚀 1. The Fundamental Catalyst (The "Why") The breakout is not random; it is a direct reaction to the company's Q2 FY26 Earnings report (announced recently): - Net Profit: Nearly tripled (surged ~200-300%) compared to the previous year. - Revenue: Showed healthy growth despite sector headwinds. - Impact: This strong fundamental performance provided the volume and momentum needed to break the multi-decade resistance. 📈 2. The "Confluence" Breakout (The Setup) The stock faced two formidable barriers at the **₹108** level: 1. The 20-Year Resistance: A horizontal "lid" formed at the major peak in September 2005 (approx. ₹106-₹108). Breaking a 20-year resistance is a sign of a significant structural shift. 2. The Angular Resistance: The downward trendline from the April 2024 ATH (₹157). 💥 3. Today's Price Action (Confirmation) - The Surge: The stock surged +11.93% today, closing decisively above the ₹108 confluence zone. - The Volume: The move was backed by 37.23 Million in volume—a massive spike compared to the "drying volume" seen during the consolidation. This confirms institutional participation. 📊 4. Key Technical Indicators Indicator analysis confirms the momentum across all timeframes: - RSI: Rising in Daily, Weekly, and Monthly charts, showing synchronized bullish momentum. - EMAs: Short-term EMAs are in a PCO (Price Crossover) state across all three timeframes, signaling a strong trend alignment. 🎯 5. Future Scenarios & Targets With the 20-year resistance broken, the stock has room to run. - 🐂 Target 1: ₹127 (Immediate technical extension). - 🛑 Support (The Safety Net): The breakout level at ₹108 is now critical. If the stock pulls back, this "resistance-turned-support" must hold to keep the breakout valid. A successful re-test here would be a textbook entry opportunity.
NSE:RICOAUTOLong
by Learn_with_Pth0mas
How Counter Trendlines and Parallel Channels Reveal Price StructThe CT (Counter Trendline) as the prime technical feature. The red CT line distinctly marks recurring lower high rejections, shaping significant supply pockets and creating low-liquidity price zones at every inflection point. Each touch validates the CT’s relevance, highlighting how price is repeatedly capped at these lower highs before reversing downward. Overlaying this, a hidden parallel channel (dotted white lines) frames the swing movement. The channel not only encapsulates price but also serves as a running test of trend strength: each upper boundary touch confirms resistance, while bottoms act as support. Notably, more hits at the upper parallel line than the base typically signal rising underlying bullish energy, especially when accompanied by the green trendline’s upward momentum. No breakout, no prediction—just objective structure. The parallel channel and trendlines, when mapped carefully, elevate clarity on price balancers, guidance zones, and the ongoing duel between support and rejection. Observe how these formations reveal crowd psychology and liquidity placement without forcing a directional view.
NSE:RICOAUTOLong
by Averoy_Apoorv_Analysis
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Cup and Handle Breakout in RICOAUTO BUY TODAY SELL TOMORROW for 5%
NSE:RICOAUTO
by Kapil-Mittal
2
Rico Looking For Reversal After Making King CandleToday, NSE:RICOAUTO made a King Candle with High Volumes and came back to its Resistance Zone. If it can neget it A Swing can be seen. 200 DSMA Will be the Target and 10 DSMA as SL. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:RICOAUTO
by Karanshah137
RICO AUTO ACCUMULATED FOR TARGET 150 ₹RICO AUTO ACCUMULATED FOR TARGET 150 ₹ RICO AUTO - 150 ₹ TARGET STOP LOSS -: 80 ₹ ACCUMULATED TIME. -: 90/85₹ With favorable market conditions, the mid-year price target for Rico Auto Industries Ltd could reach ₹235. By the end of 2025, the price target for Rico Auto Industries Ltd is expected to potentially reach ₹279, considering bullish market trends. Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
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by razawasim693
Stock Analysis: Rico Auto🚗 Multi-Year Breakout Alert! Rico Auto has shown significant strength with a multi-year breakout, surpassing its 2005 all-time high. Let’s break it down: Historical Resistance: The stock tested its 2005 all-time high two times: In 2017, it reversed from these levels. In 2023, it made another attempt but failed to break through. February 2024 Breakout: This time, the stock finally broke the strong resistance with good volume in February 2024. This breakout suggests a potential long-term trend shift. Current Retest: The stock has now returned to retest this key breakout level, which is now acting as support. However, there’s one thing to watch out for: 📉 EMA Overview: 50 EMA: The stock is currently trading below the 50 EMA. 200 EMA: It is also below the 200 EMA, indicating the long-term trend is still bearish. 🎯 What to Watch: A successful hold at the current support level could lead to an upward move. But the stock will need to reclaim the 50 and 200 EMAs to signal stronger bullish momentum. Keep an eye on volume and price action for a clear breakout or breakdown from these levels. Always conduct your own research and analysis before making any investment decisions. 🚨 #StockBreakout #RicoAuto #TechnicalAnalysis #SupportAndResistance #EMAAnalysis
NSE:RICOAUTO
by TechnoTrader10
RICO Auto After Multi(19)-YR Breakout @Retest Level - LT InvestRico Auto has given multi year breakout in March 2024 and now retesting the breakout level 114.40 It can be a good opportunity to enter with a stop loss below 100 on closing basis. More near 100 one takes the position, smaller the stop loss would be. For Rico auto, 225 rupees is target by size, see Fib levels.. but target by X factor is 114.40 /4.25 =26.91 * 114.40=3079 in ~6 years(19* 0.35 ) For now one can trade for target by size that is 225 which might come sooner in ~2 years. It must ideally follow the Elliott wave drawn in purple. There are Gann lines in in red color acting as resistance lines and those coming downward from top left to bottom right need to cleared on monthly closing basis to resume up move i.e. monthly close above 136 is needed. Where as The Gann line moving up from bottom left to top right, the green one must not be broken else this call most likely to fail. The Gann line in red moving up is acting as profit booking indicator, if not all partial profit booking can be done around it and buy back near orange trendline. Better the channel line drawn in Orange is not broken to make sure the stock does not loose strength and as per that 100-102 is the stop loss area as of now. The vertical lines in yellow are time cycle lines from where either it starts a new up move or down move, next that cycle starts around October 2026. ** this is not a trade advise, just my technical analysis. Please take any trade as per your analysis and study.
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by brainyAccount81243
RICO AUTO - 19 years BO | Multibagger pick | Huge Potential!Price Analysis & Overview: 1. Exceptional volume support. 2. Rejection candle from 50ema 3. 19 years ATH level BO & retest. 4. Earnings are weak. 5. RRR is fine (not very good). Monthly TF view: - W formation Trade Plan: 1. ENTRY = CMP (133) 2. SL = 10% (120) 3. TP = 1:2,1:3,1:4,1:5 - Stay tuned for further insights, updates and trade safely! - These are my personal views. - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
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by SuperNova396