*Munjal Auto Industries Ltd* RB Formation on Yearly Basis. Strong Price BreakOut & Sustained. Steady Vol Consolidation, Continued BuiltUp. EMAs: Widening Gaps amongst 20/50/100/200. RSI: 1H < D W>M>3M *Trail SL with Upside* *Book Profit as per Risk Appetite* Do Your Own Research as well. This is an Opinion. Happy Investing 😇
Munjal auto above 62 can head towards 66 and then towards a new 52 wk high of 70++ In short to mid term can go towards 80-90-100
for educational purposes only
Higher high with volume candle. Retracement does not broke high volume candle. Seems strong uptrend, Keep SL 39.6
With Price engulfing the long term resistance, we will see a new bull run in this stock. Target 100+ Buying zone marked in chart. Chart for individuals who are already invested in this stock OR waiting to enter on any correction. Comments appreciated.