Swing Trade Idea- SANDHAR TechnoSwing Trade Idea- SANDHAR
Entered at 580,
T1 610
T2 630
Let' see how it reacts in this volatile market!
SANDHAR trade ideas
SandharGood stock from auto sector
Good fundamentals
Stock above all key moving averages
Volumes are drying from last few weeks
Stock on breakout above 585-595, may give good returns
Below 555 stock will become weak
SandharGood stock from auto sector
Good fundamentals
Stock above all key moving averages
Volumes are drying from last few weeks
Stock on breakout above 585-595, may give good returns
Below 555 stock will become weak
SANDHAR offering good R:ROnly 12% with general public. Will provide stability during war and election time
SANDHARSandhar technologies LTD stock breakout 5 years resistance and ATH level with good volume and retest this level
This is only for educational purpose
SANDHARStock name = Sandhar Technologies Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
Beautiful gap away formed in supportBeautiful gap away formed in support, showing stock strength to go up just for study purpose have a look
Sandhar TechnologiesExpect a positive breakout in the long-term trendline accompanied by significant trading volumes.
Anticipate a substantial upward movement within the next few days.
Successfully surpassed the trendline and a crucial level within the Gann box, indicating a promising development.
#SANDHAR Technically SANDHAR TECHNOLOGIES taking resistance @ 290-300...closing above this on weekly TF is good to go long for open target.
This company is Customer-centric component supplier, largely focused on vehicular safety and security systems with a pan-India presence and growing international footprint
80+ Indian and global automotive OEM customers with leading names like Honda, TVS, Tata Motors, Royal Enfield, Ashok Leyland, Hero, Mahindra, Doosan, SML Isuzu, JCB, Caterpillar, Bosch – shares relationship with Hero for 30+ years
27 product categories catering to various industry segments with leadership position in core products and focus on increasing customer spend per vehicle; Among largest supplier of Locks, Mirrors and OHV cabins in India and Al. spools in Europe
41 manufacturing facilities in India including JVs and subsidiaries, 1 in Spain, 1 in Mexico and 1 in Poland
Scalable business model with high technological capabilities through in-house R&D, global tie-ups and acquisitions
It is the leader in the two-wheeler locking systems market, and the commercial vehicle rear view market in India
One of the two largest companies catering to the commercial vehicle locking systems market, and the two wheeler rear view market in India.
One of the two largest manufacturers of operator cabins in India, the largest player in the excavator cabins market.
