AUTOAXLES :: LONG Buildup
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Good Entry levels 1390 - 1400
Initial S/L - 1205
Target 1560+++
Many positive Technical signs -- Trendline reversal, RSI breakout, recent Parallel channel breakout.
Trail your S/L using SuperTrend Indicator and ride the trend.. Stock went thru Long consolidation,, so one may expect Large Reward if the upcoming results are good.
/**
Caution : Smallcap Automobile stock... Prefer allocating <5% of your capital.
And consult your financial advisor to know more about the risks associated with buying / selling shares.
**/
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Good Entry levels 1390 - 1400
Initial S/L - 1205
Target 1560+++
Many positive Technical signs -- Trendline reversal, RSI breakout, recent Parallel channel breakout.
Trail your S/L using SuperTrend Indicator and ride the trend.. Stock went thru Long consolidation,, so one may expect Large Reward if the upcoming results are good.
/**
Caution : Smallcap Automobile stock... Prefer allocating <5% of your capital.
And consult your financial advisor to know more about the risks associated with buying / selling shares.
**/