NRBBEARING 322 $NRBB TGT 500 SL 270 RR > 3 TF < 6M If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
Long term Breakout chart...can double from here in 18 months...
NRB Bearings Limited, engages in the manufacture, marketing, and sale of ball and roller bearings for original equipment manufacturers(OEM's) in India and internationally. The stock is displaying clean(without overlaps) Elliot waves since March 2023 bottom. Wave v of the current structure is now kicking in with a projected price of around 330-340 zone. In the...
nrb bearings buy @ 183.50 target 229, 249, 259, 273 ascending triangle breakout risk reward 1:2 sl@138
Stock showing good move Stop loss is 235 Entry 251 Breakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the...
NRB Bearings have pioneered in the manufacturing of needle roller bearings in India since 1965. More than 90% of the vehicles running on Indian roads are running on bearings manufactured by NRB Targets and stop loss in chart Breakout from symmetrical triangle Market Cap ₹ 1,836 Cr. Current Price ₹ 189 High / Low ₹ 199 / 115 Stock P/E 18.3 Book Value ₹...
NSE:NRBBEARING One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and...
Looking Good for upmove Only for educational purpose Not a trade recommendation.
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
nrb bearings 1W buy @cmp target 211, 216, 221 ascending triangle break out risk reward 1.57 sl 171
Information provided, comment your learning. Comment targets
NRB Bearings-Nice breakout. Capital to be deployed- 20k Investing Price -200-205 Breakout Price -197.50 Stoploss-175 Targets-268-289 #nrbbearings #StocksToBuy #StockMarket #StockToWatch #StocksInFocus #stockstowatch
NRBBEARING has broken out of 75% retracement & is heading for higher levels on daily chart.
Keep an eye am the weekly candle closing above this long term trendline. Positives : Volumes,RSI strength and closing above 1/1 angle(blue)
NRB has a leadership position in needle roller bearings, conventional cylindrical roller bearings, and also a new generation of lightweight drawn cup bearings. It also manufactures planetary shafts, crank pins, And kingpins. PRICE TO BOOK VALUE - 2.95 P/E = 21 Debt to Equity - 0.51 Chart setup looks good, closure above 185 on DCB , will give targets of 223 , 240
VCP Formation on daily charts of NRBBEARINGS with proper base formation.
But NRD bearing at above 150 or if it close above 150 Thn our target was 155 159 164 175 Sl 128
Create a range and given big breakout last time did the same and same expectation today or next few days