RML 825
TGT 1300+
LET IS BREAK ATH
SL 700
RR > 2
TF 6-8 Months
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📊 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...
it crosses 563.40
entry price: 563.45
stop loss: 488.10 (13.3% loss if it hit stop loss)
target: 710.50, 710.85 (26% profit if it hits target)
NOT SEBI registered , do your own analysis before taking trade , this is a trade idea which i am going to follow , if anyone not capable of taking loss of 13.3% after hitting stop loss then please do not enter into it
SonaCom (Swing):
Sona is testing a major demand zone and well set for a 30-40 % up move.
Appropriate supply zone and target is also highlighted.
Keep adding between 560-585 with a SL around 530.
Trade offers a RR of more than 1:4.
Note: Do your own due diligence before taking any action.
Sona BLW Precision Forging Ltd. CMP – 578.75
Market Capitalization Rs 33,940.3Cr
Red Flags:🟥
High Valuation (P.E. = 73.3)
MFs are decreasing stake
Green Flags:🟩
No debt
Zero promoter pledge
FIIs are increasing stake
Improving annual net profit
Improving cash from operations annual
Previous Happy Candles Number – 57/100
New Happy Candles Number – 70/100
Fresh...
Sona BLW Precision Forgings Ltd. is an automotive system and components manufacturer with 9 plants spread across India, China, Mexico and USA. The company offers highly engineered, mission critical automotive system and components such as differential gears, conventional and micro hybrid starter motor, BSG systems, EV Transaction motors and much more. Sona BLW...
Hello Friends,
checkout another trade of mine. Sonacoms.
They are into forgings.
Nice financials,dip in net profit caused the fall. I will watch the financials and start buying more in the 435-460 range.
Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Sona BLW is near breakout.
Entry: above trendline
Stop loss: if breakout fail
Target : As per your Risk & Reward
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅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. please...
Sona BLW is among the Top 10 Global Differential Bevel Gear Suppliers, Among the Top 10 Global Starter Motor Suppliers for PVs,
and the Largest manufacturer of differential gears for PVs, CVs & Tractors in India.
Sona Comstar has 8.7% market share in the global market in Battery Electric Vehicle (BEV) Differential Assembles,
5% in Differential Bevel Gear, and 3%...
NSE:SONACOMS
note: this is not an idea for short term trading, but for long term investors.
The scrip seems to respect the yellow trendline since its IPO.
so one can use the yellow line to accumulate the shares whenever the scrip takes support on the line for longterm.
Rounding bottom breakout on hourly charts of recently listed SONACOMS, new high is possible.
Disclaimer - This is just for educational purpose and not a trading or investment advise
