RICOAUTO trade ideas

ManojTembulkar Updated 

Cup & Handle pattern RSI above 60 Daily / Weekly / Monthly EMA in line 21 / 50 / 200 Volume Growth Support 88 expected level 204

mansetsoft

it takes rest of liquidity or pending orders from here...and posile to move our targets..

KanikaAJagota

RicoAutoINDS Monthly chart breakout buy on dip. Break Double Bottom 1Target 200 & 2Target 275..

MVLINDIA Updated 

Take entry above 114 only 14 months target 221 1st average at 65 2nd double average at 31Rs Sell with 90 % profit Bullish on auto ind. Entry condition must be above 114 Take entry according to condition and sit relax.

IdeasNeosagi

*Rico Auto Industries Ltd* C&H Formation on Yearly Basis. Strong Price BreakOut & Sustained. Vol. BuiltUp gaining Traction. RSI: 1H >D >W >M: All in Bullish Zone. EMAs: 20/ 50/ 100/ 200: Gap Widening Across Timeframes. *Trail SL with Upside* *Book Profit as per Risk Appetite* *_Do Your Own Research as. This is an Opinion_* Happy Investing 😇

mrmahore56

RICOAUTO super setup to buy...Ultimate target 202... This is only for educational purpose.

ShareTrading_

Rico Auto 130 now, looks powerful on chart for med-long term view. Do check with your financial advisor before taking any trade. This is just a educational post for study how price action based stocks perform.

GreenTrends23

One of the auto component manufacturers in India is Rico Auto. As we know, the auto sector is growing in India, with a large number of vehicles being sold every day, providing a huge boost to this sector. Looking at the technical part of the stock, there has been a wonderful breakout on the weekly chart, indicating good buying opportunities. Along with that, the...

RajputAmarjit

• CMP 105 • Promotor holding 50% • Market capitalization: 1,436 Cr. • Sales growth over the past 3 years: 18% • Profit growth over the past 3 years: 33% • Price-to-earnings ratio: 30 • Company bidding for defense segment orders worth Rs. 1,000 crores. My plan of action: • Buying range: 100-115 • Long-term targets: 300, 500, 700 • Stop-loss at 90

me1vap Updated 

Chart is self explanatory ! This scrip is about to break 19 year old resistance with HH - HL formation.

safiyyu21

Forming good price action. 19 years break out. make or break Zone. Market will decide in December 3rdweek What Rico auto should be

safiyyu21

rico auto in uptrend.long year breakout.now in up trend channel in 15 TM.best time for swing for me

manideepcs024

Rico Auto after last results shown good correction, which was a chance to accumulate at lower level. todays candle shows strength is building up and stock is moving ahead to fill the gap ahead. Stock can fill gap and make 100+ and above that 110 and 120. Trendline support can be seen on weekly chart as well.

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shiit_tv_teame

This is a study of trade opportunities using a new indicator which i developed for self trading .. the indicator considers pivots, levels, and other indications.. this works better when u consider orderflow analysis and oi datas..

Breakout-Ideas Updated 

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

happyvegan10

Looks good to break one of important Gann Box levels @104. RSI above 65 in all the major time frames with more volumes coming in

abhishek68151 Updated 

Once 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.

dhawalvinodjain Updated 

A 262 weeks base. nice Cup & Handle Formation. Consolidating Near Breakout. Can See A Good Upmove.