RICO AUTOexpanding pattern flat base and make higher high maybe we can get 20% returnLongby devobrataroy0
Rico AutoCMP =80.55 Breakout with good volume on 18 May, Gap which was created on 15 Feb was filled significantly with good volumes. RSI= 66 Fundamentally:- Not so good stock with ROCE and ROE being less than 10. SL for this stock can be just below the 75 levels. Target:- 86 Disclaimer:- This is not any buy or sell recommendation, this analysis is just for educational purposes. Take any buy or sell call only after consulting with your financial advisor. Keep Learning, Keep Growing !!by TradingWithVerma220
Inverted HeadAndShoulder breakout in RICOAUTOInverted Head and shoulder breakout on RICO AUTO on daily timeframe PS: For learning purpose onlyLongby shantanujain0010
RIco auto heading towards wave 5Rico auto on the way to complete wave 4 correction Flat if price move fast and break trendline take long for targets of 105Longby Chart_AssetUpdated 0
RICO Auto rounding bottom pattern.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.Longby beartrader173
Rico Auto breakutprice volume breakout Good price up move with rise in volume in falling market indicating good hands has entered Longby bhavik50010
RICOAUTO Good up move Probability RicoAuto is on the verge of a strong breakout. Entry - 61 till 59 Target - 75 SL - 55.60 Study & Trade ResponsiblyLongby NiftyBreakoutsUpdated 3
Rico Auto Weekly TFThe 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 .Longby ssshaktawat4
Rico Auto industires LtdCup and handle breakout in Rico Auto Industries Limited with very high volumeLongby Swing_Trading_Chart2
Inverse Head and Shoulders Breakout at RICOAUTO 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 used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs. ONLY FOR #educational NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF) #nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength DISCLAIMER: 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.Longby Usemerr1
Rico Auto-Upmove comingRico Auto has great price action, RS is +ve and given breakout on weekly chart with good volumes. This can move to 105+ levels soon.Longby Chartworld13
RICOAUTO(W Pattern - Monthly) + (Pennant Pattern - Weekly) Buy @ 63_59 | WCBSL 47 | Tgt 87 / 105+Longby Stocks_Mario0
Expecting Breakout ✌✌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 🙏🙏🙏Longby DY97720
Rico Auto Industries: a probable long trademultibagger potential with targets markedly in orange and SL of 47 on WCLBS. Disclosure: already investedLongby TradingBanker0
Long Idea of #RICOAUTOOnce price Breakout above 64.5 seen good moment from this level. RSI Monthly above 60 RSI Weekly above 60 RSI Daily above 60 Longby vishalharsora001111
Rico Auto - Weekly Time FrameRico 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)Longby RishitDedhiaUpdated 1
bullishIn 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.Longby sabyasachi_nathUpdated 0
RICOAUTOthe trend reversal pattern in auto sector could help this scrip too, trading near trend line if crossed 53 level then make long positionLongby Kapildsrawat0
Rico Auto - Daily TFFollow the Trend: As Auto companies saw a good swing can see the impact on Auto ancillary companiesLongby RishitDedhiaUpdated 0
SUPPORT AND RESISTANCE 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 stockLongby mdsohail25000
Expecting trendline Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So Traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏Longby DY97721