Talbros Automotive Components Limited is an India-based company that is primarily engaged in the manufacturing of automotive components. The Company offers a range of products, including multi-layer steel gasket, exhaust manifold gasket, rubber molded gasket, cylinder head gasket, gasket with electrical controls, edge molded gasket and heat shield. It also offers...
*Talbros Auto*
P&F Formation on Yearly Basis.
Strong Price BreakOut
Upside Continued
Strong Vol. BuiltUp Continued.
Auto Sector outlook Positive.
Trail SL with Upside.
Book Profit as per Risk Appetite
Do Your Own Research as well.
Happy Investing 😇
The company has over 6 decades of experience in auto components manufacturing
• Business is diversified across Two Wheelers, PVs, CVs Off-Highway and Farm Equipments
• Also supplies to Major EV OEM’s globally
• Has diversified Product Portfolio – Gasket & Heat Shields, Forgings, Suspension Systems, Anti-vibration Products & Hoses
Key Financials:
• Total Revenue...
460-470 is a good accumulation zone between thee 100ema and 200 ema!
SL and target as mentioned!
Above 600, TALBROSAUTO will turn into a TALBROSROCKET!!!
Bullish Harmonic Pattern Established, possible targets mentioned in the chart
Disclaimer - This is not a buy or sell advice. I am sharing what I see on the chat & what I am trading, based on my own knowledge & understanding. Please consult your financial advisor before taking any bets in the stock market. I will not be responsible for any profit/loss you incur...
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock...
talbro auto technical, stock has been in downtrend since 2018, now it has given breakout from its channel (see the red line wedge feboncci resisance), after giving breakout price came down to test the .23 wedge febnocci level, level got retested and got rebound, RSI channel is also making a positive divergence . One can avg or take fresh entry at cmp , target 130,140
