The Company is engaged in the business of manufacturing and selling of automotive and other components and that are considered as single segment.
Products
Motion Control Solutions
Control Cable Systems
Push-Pull Assemblies
Brake Cable and Lever Systems
Rotary Push-Pull Lever Control Systems
Gear Shifter Mechanism and Cable
Joysticks & Remote Valve Control...
The stock has broken out and retested, therefore it may undergo a rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & Previously upper trendline. The target is placed near swing high.
Note: Market is having weak sentiments, making this a high risk trade. Due Caution Is Required.
breakout with good volumes always provides confidence...but when there is a big move it is followed by some pullback or consolidation ( remember nothing is 100% foolproof1!!)..i usually watch what the stock does after a big move..it could also keep moving up..keep watching..targets marked...Suprajit as a company has EVOLVED & ADAPTED nicely over time, so i would...
we can see stock is taking dynamic support at 72 ema and price now available right here. here stoploss would be lesser and profit target could be better. stoploss 299 on daily close basis. positional buy can be hold as long as 72 ema not broken on daily basis and for short term trading target 1 will be 314 and target 2 will be 321. call negates if opening on...
