RICO AUTO - perfectly poised for a breakoutOnce it crosses the level of 94, it might show some spectacular moves of 10-20% atleast. Do check this out and keep an eye on its breakout.Shortby abhishek68151Updated 17
RICO AUTOA 262 weeks base. nice Cup & Handle Formation. Consolidating Near Breakout. Can See A Good Upmove.Longby dhawalvinodjainUpdated 3314
Rico Auto : Cup Pattern BreakoutStock on Weekly TF made CUP Pattern Formation. The Duration of cup is format from 2018...longer the cup, stronger the move....stock going upside to 103 at CMP with 83 SL. Strong Momentum with high volatility....Longby DeepikaMehtaCFA1
RICO AUTO Resistence 87.5 (volumed pickup) then 107.5 once cross will give good upside. before entered check Auto Sales Data. good round bottom formation.Longby ManojTembulkar0
Rico Auto Industries Limited Rico Auto Industries Limited is an integrated Auto Component Manufacturer present in the value chain from ‘Design to Delivery’, . It manufactures and supplies Aluminum and Ferrous Machined Components and Assemblies to Original Equipment Manufacturers and Tier-1 customers across the globe. Technically seems good for the target of 76/89.stop loss below 50. CMP 60.90.by jagrutipradeepUpdated 1
RICO AUTO...BuyGood price range breakout into a new zone...looks good for a long term buy...one one lot here..and one more on a correctionLongby JUDEBOY229
Stock Analysis : Rico AutoStock analysis of Rico Auto from Small cap index which might show good upside potential in days to come.Long05:32by chirag.sanghavi894
RICO AUTO has a target of 91Stock is on way to 91......meeting point of 161.8% and 25% fib.line..Longby Nattyshotstocks0
RICO AUTO BuyGood breakout..moved because of the rainy season farmer postitive move...Longby JUDEBOY3
Rico - Target Rs. 50Hello everyone, Rico breakout is eminent and will touch Rs. 50 levels very soon, a good 25% gains from today. Target Rs. 50+ harmonics plus Waves by Falcon_Trader_1332
RICOAUTO - Ascending Triangle Pattern breakout & retest - SwingThe above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets As can be seen in the image, price has given clear breakout from Ascending Triangle Pattern with huge volume candle. Now the price is coming down to retest the breakout and as we can, volume candle is smaller. Hence this can be taken as retest. Entry, SL and Targets are shown in image itself. The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management. Feel Free to comment for any queries regarding the above stock or price action analysis in general. Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies. Longby AdityaKarn90Updated 7
Rico Auto pennant pattern Breakout Today Rico Auto broke pennant pattern upper resistance , if it close above todays high of 26.80 in tomorrow session. Then the Long positions can be taken on it. Support resistance and target given on the chart.Longby deepsimi6