SONACOMS BO [Weekly]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.by HawkishDoveUpdated 3
SONACOMSSONACOMS at an important level around @600 it breaks then more selling pressure. If it hold the level then go for 700 levelby vaman19096
Sona blwTrying to sustain above 650 we can put a stop loss @645 and target 760 Duration 30-45 daysLongby priyanshusoni8164
Swing Trade - SONACOMS📊 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 your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂Longby radha_236
Sona BLW Precision Forgings Ltd – Breakout OpportunityDate : 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 days. Company Info : NSE:SONACOMS is an India-based global automotive technology company 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 Traction Motors across all vehicle categories. EV Segment Outlook : NSE:SONACOMS is well placed to drive the EV push globally with its presence in India, US, Europe and Asia with its one of the product lines of EV Traction Motors and Motor Control Units for hybrid and e-PVs, hybrid and e-LCVs, e-2Ws and e3Ws. Currently, 28% of revenue comes from battery electric vehicles (BEV). Further, NSE:SONACOMS to invest INR 1,100-1,200 crore in capex for processing orders, expanding capacity for electric vehicle components by FY26. [ b]Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.Longby vicky252Updated 4
Sona BLW- A good stock for long termSonacoms 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.Longby chartistameyUpdated 5
Breakout Soon - SONA BLWRound Bottom Breakout Setup RSI above 65 and rising Trading above EMA50 Volume increasing Disc: for study, not a recommendation Longby plus_charts5
Amazing breakout on Weekly / Daily Timeframe - SONACOMSCheckout 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 amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME. PS: No new Nifty500 script can escape from me when making a breakout. :-) PS: People who missed my first BO level, can re-consider this BO which can still give a rally. Longby Yoyohoneysingh933
SONACOMSSona 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 RADARLongby MrRisk_Manager4
#SONACOMS (Weekly)⚡️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 715/815/975Longby billionaires4930
Long SonacommsTailwinds of Sector Higher highs and higher lows. cmp 652 sl 588 target 850Longby MountainWolf2
#sonacoms looking good for shorterm.Sonacoms following a PC on dtf. we can anticipate a short-term gain in this stock. by Mobeen_WeGrowws1110
Reversal candidate SonacomsThere 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. Master one strategy that suits your psychology and stick to it for consistent results. This is weekly chart Targets can come in 1~9 months time. This will not suit you if you are looking for quick gains in few days. Use proper money/risk management to calculate position size. Be disciplined to follow Stop Loss (SL). I am not a Qualified/Registered Financial adviser. Longby yndesaiUpdated 9
SONA BLW Fundamentally Strong... Portfolio StockEducation Purpose Only Fundamentally Strong Stock... Good Revenue, Net Profit, etc Huge Share Holding by FII - Foreign Institutional Investor Longby Market-EdgeUpdated 1
SONACOMS -Long Opportunity As Per Supply Demand Trading StrategyStock 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.Long01:42by MAKTradingSchool1
SONACOMSSonacoms 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 researchLongby equity_explorer_500
SONACOMS | Swing Trade📊 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 Traction motors across all vehicle categories. The company develops mechanical and electrical hardware systems, components as well as base and application software solutions. TTM PE : 72.26 (Low PE) Sector PE : 49.28 Beta : 0.69 📚 INSIGHTS Strong Performer Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators 6.59% away from 52 week high Underperformer - Sona BLW Precision Forgings up by 2.34% v/s NIFTY 50 up by 8.2% in last 1 month 📈 FINANCIALS Piotroski Score of 6/9 indicates Average Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.comLongby Munish_JainUpdated 16
SONA BLW (Cup & Handle break out weekly)1. cup an handle b/o with volume 2. fibo 50% support 3. Doji candle forming at 50% supportby hgill1214
SONA BLWSONA BLW - Buy on each dip and target will be 850 down the line.. Can see Volume Bar as well...Longby sandeep_mittal43Updated 4
Amazing breakout on Weekly / Daily Timeframe - SONACOMSCheckout 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 amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN DAILY TIMEFRAME. Longby Yoyohoneysingh930
Sona BLW stock Fresh breakout on the chart of Sona BLW can be seen on daily chart.Longby Vipin_Dixena1
SONA BLW nearing Breakout Sona blw is near to Breakout from an inverse head and shoulder pattern range .If the stock manages is to sustain above rupees 620 then it can reach up to rupees 680 in the short to medium term. Longby kapilmahir2
Sona BLW nearing Breakout Sona BLW is nearing a breakout from inverse head and shoulder pattern and pattern range with strong volumes. If the stock manages to sustain above 620 then it has the potential to hit 680 in the short to medium term.Longby kapilmahir0