SONACOMS | Major Trend ReversalAbove 608 Stock will lead to All Time High Consistently increase in FII Holdings Making of Higher Highs in Daily ChartLongby MeghaTrader12
SONA Gold h ki nahi waqt batayega Hello @JainArpan All the best. Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that for you. Thank you for your time and support. Stay safe. by Anany_shringi2
Sona Looking SolidSona 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 Precision Forgings CMP is 516.35. Negative aspects of the company are high valuation (P.E. = 76.5) and promoter decreasing stake. Positive aspects of the company are no debt, improving annual net profits, improving cash from operations, MFs are increasing stake, FIIs are increasing stake and zero promoter pledge. Entry after closing above 520. Target of the call will be 532 and 545. Long term targets in the stock will be 570+. Stop loss in the stock should be maintained at closing below 490. Longby Happy_Candles_Investment7
SONACOMS nice trade building upHello 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. Longby Mreasytrade223
Potential stock SONA BLW After fall from 840 to 400 The stock now seems to be prepared for a stronger upmove from here as the chart shows.. The fundamental of the company are somewhat okay but the shareholding changes in the recent years can't be ignored but to me chart is superior.. So buy above 480 TGT 620-700-ATH SL can be placed at 390 Note: Do your analysis this is not any personal recommendation for the mentioned stock for buying or selling with me. It's just for educational purpose and backtesting .. also i have the share from very low levels 🚩Longby Paras_gujjarUpdated 884
Sona ComstarThe stock is trading in range for the 3rd consecutive day forming inside candles.by iamvivek_22071
Sonacoms Demo Buy TradeDemo buy very small setup just testing waters.. Break of very important trendlineLongby mehulsan771
SONACOMS in dcb - change of direction may happen from hereonNSE:SONACOMS now may change its direction from downwards to upwards as price action tries to form HH-LL from LH-LL earlier.Longby biniyoger_swaralipiUpdated 2
Trendline Breakout in Sona BLW Precision Forgings Ltd...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.Longby NoViewTrades0
SONACOMS : AnalysisDouble Bottom Pattern & "W" Pattern Formed On The Daily Timeframe. Expecting The Stock Price To Touch The Green Line & The Red Line Can Be Taken As A Stop Loss. High Favorable With A Risk Reward of 1:3 Disclosure : Just Analysis for Future Reference. Not a Prediction.Longby dopeboyravi1
SONACOMSAfter successful BO and Retest at falling wedge, it should advance to :- T1: 500+ T2: 560+ Longby NS_NitinSharma1
Sonacoms looking bullishSONACOMS Fabulous result Stock ready to reach 480/490/520 in no time Discard the view below a close on daily under 430 A trend reversal pattern spotted by TradePatternsLikePro14
We can see reversal anytime in SONA BLW as stock has down 50%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, Market Cap ₹ 23,863 Cr. Current Price ₹ 408 High / Low ₹ 707 / 397 Stock P/E 68.3 Book Value ₹ 35.4 Dividend Yield 0.38 % ROCE 21.5 % ROE 20.6 % Face Value ₹ 10.0 Debt ₹ 251 Cr. EPS ₹ 5.98 PEG Ratio 1.36 Promoter holding 53.5 % Intrinsic Value ₹ 134 Pledged percentage 0.00 % EVEBITDA 42.5 PROS:- Company has reduced debt. Company has delivered good profit growth of 50.2% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 255% CONS:- Stock is trading at 11.5 times its book value. stock to bahut acha hai long term k lie mai bhi soch rha hun investment k lie isme,,,jaldi he entry lunga,,thoda aur niche milega to and yanha se average krna start krunga.... Please guy's like and follow me for more updates Thankyou Longby TraderRahulPal339
SONACOMSCMP: 447 BO confirmation above 454. Strong supports around 425 and 400, would also work as SL. Stock is now above its 20 dema. Fibonacci retracement targets are very attractive. May fire anytime. T1: 500+ (short to medium term) T2: 565+ T3: 610+ (medium to long term)Longby NS_NitinSharma224
SonaComsTrendline BO failed yet again, levels of 425 should hold and work as SL too for fresh buying. Currently trading below 20 & 50 dema. This wedge breakout, if and when is worth the risk. Can fire anytime. FIREWORKS awaiting. Longby NS_NitinSharmaUpdated 2215
SONA BLWSona 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. closure above 473 on Daily chart will bring 500 Target 500 , 522 , 535 , 550 with SL @430 Market Cap ₹ 27,278 Cr. Current Price ₹ 467 Stock P/E 78.1 Book Value ₹ 35.4 Dividend Yield 0.34 % ROCE 21.5 % ROE 20.6 % Face Value ₹ 10.0 Promoter holding 53.6 % EPS last year ₹ 6.05 EPS latest quarter ₹ 1.42 Debt ₹ 251 Cr. Pledged percentage 0.00 % Net CF ₹ 15.3 Cr. Price to Cash Flow 69.0 Free Cash Flow ₹ 56.0 Cr. Debt to equity 0.12 Volume 1,035,531 OPM last year 25.8 % OPM 5Year 27.0 % Reserves ₹ 1,481 Cr. Price to book value 13.2 Int Coverage 32.5 PEG Ratio 1.55Longby madhu2811Updated 0
Sona BLW Break-out InitiatedYearly Trendline Breakout initiated. RSI strengthening, Buy at CMP for T1: 520, T2: 580 and T3: 650. SL: Closing below 425 Longby NS_NitinSharmaUpdated 15
Sona BLW near breakoutSona 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 consider it as a lerning Eat🍜 Sleep😴 Job & swing Trade📈 Repeat🔁 Happy learning with Earning. Cheers!🥂by Shivamtyagi060
Sona Coms Bullish Side🎯 For Long term TARGET:-600 IN NEXT:-(5,6 MONTH) I will keep a eye 👀 on it today 🤑Longby AdityaRajput280
SONACOMS Trend AnalysisSona 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% market share in Starter Motor. Company has 9 manufacturing and assembly facilities - 6 in India and 3 facilities in China, USA and Mexico. Also, company has 8 warehouses across India, USA, Germany and Belgium. Company has started a 7-year collaboration with IRP Nexus Group (Israel) on 30th September 2021 to develop, manufacture and supply magnet-less drive motor and matching controller for 2-wheelers and 3-wheelers, using a environment friendly approach that does not use rare earth elements. Technically bearish trend will continue as there is a strong hidden bearish divergence in RSI. Best levels to accumulate is around 410-430 for the following targets: Short term swing target @ 580 (38% ROI with 4 R:R) Medium term swing target @ 715 (70% ROI with 7.38 R:R) Long term positional target @ 1175 (180% ROI with 18.88 R:R) Stop loss @ 380 Strong fundamentals while PE is at steeper side as one can expect for fast growing companies. Further fall in price with rise in EPS can keep the forward PE around 60. Estimated capex for next three years is 900-1000 crores based on the order book. Do your own due diligence before taking any action. Peace!!by Swastik24Updated 10
Sona Blw Precision ForgingStock Has Bottomed out gives a good bounce back It is time for breakout Buy above 484 Target 524 Stop Loss 454Longby MayankSoni1408Updated 1