📊 Script: SONACOMS 📊 Sector: Auto Ancillaries 📊 Industry: Auto Ancillaries Key highlights: 💡⚡ 📈 Script is trading at upper band of BB. 📈 MACD is giving crossover . 📈 Double Moving Averages are on urge of Crossover. 📈 Right now RSI is around 59. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 705 🟢 Target 🎯🏆 - 750 ⚠️ Stoploss ☠️🚫 - 683 ⚠️ Important: Always maintain...
Date : 31-Jan-2024 Rating : Buy (Mid Term as well as Long Term Opportunity) LTP : Rs. 618.20 Target : (1) Rs. 669 --> (2) Rs. 706 ++ SL : Rs. 550 Technical View : NSE:SONACOMS has given breakout from its secondary down trend within primary uptrend. MACD crossover is done on 31-Jan and RSI is already in buy zone. Indicates bullish sentiment for the coming...
Sonacoms has been consolidating since past 1 year. This is a pre breakout idea, hence risk is more. 480-500 is a strong demand zone from which stock has recently showed a big rejection. Levels mentioned in the chart. Good stock for EV theme investors as it is a stock from auto ancillary sector. Keep in watchlist.
Round Bottom Breakout Setup RSI above 65 and rising Trading above EMA50 Volume increasing Disc: for study, not a recommendation
SONACOMS stock analysis Potential breakout opportunity Chart Analysis : SONACOMS is displaying a strong breakout chart , indicating the upward movement in it's stock price. CUP & HANDLE Pattern : The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Sona Coms Showing Perfect Ascending Tringle Chart Pattern with Breaking out & also done with its Retesting now we can see such a good upmove KEEP ON RADAR
⚡️Low Debt ⚡️Good Quarterly Results ⚡️Fibo levels acting as resistance ⚡️Momentum expected above 670 ⚡️Double Bottom near 400 level ⚡2 Years Long Base 🔴 SL 615 🟡 CMP 650 🟢 TGT 715/815/975
Tailwinds of Sector Higher highs and higher lows. cmp 652 sl 588 target 850
Sonacoms following a PC on dtf. we can anticipate a short-term gain in this stock.
There is clear higher lows formation seen after about 2 yrs of correction phase. 20ma and 50ma on weekly charts have started showing upward direction. Buy above (600 levels) is good resistance level. Targets and SL are on charts. As I see lot of new followers thought of adding Caution Notes: Try to learn the concept instead of looking for tips. ...
Education Purpose Only Fundamentally Strong Stock... Good Revenue, Net Profit, etc Huge Share Holding by FII - Foreign Institutional Investor
SONACOMS breaking out of a large weekly base, decent daily volume, would wait to see if weekly volumes go above average as well. If large weekly base BOs are your thing, this might get interesting, keep in the list for upcoming days/weeks as per your interest.
Stock was trading in a sideways range & then broke out. Now some retracement happening, which provides an opportunity to go Long. Planning to time the Trade as per the Daily RBR Demand Zone.
Sonacoms has given a beautiful breakout with good volumes, stock has even retested its levels and gave a good confirmation. My targets are huge and I am bullish on this stock Quick targets for Swing - 638, 690 Long targets - 690, 735, 769, ATH (all time high) Only for Educational Purpose Do your own research
📊 DETAILS Sector: Auto Ancillaries - Castings/Forgings Mkt Cap: 34,069 cr Sona BLW Precision Forgings is an India-based automotive technology company. The company is engaged in designing, manufacturing and supplying engineered automotive systems and components such as differential assemblies, gears, conventional and micro-hybrid motors, BSG systems and EV...
1. cup an handle b/o with volume 2. fibo 50% support 3. Doji candle forming at 50% support
SONA BLW - Buy on each dip and target will be 850 down the line.. Can see Volume Bar as well...