Swing Trading Opportunity (Monthly)
#AUTOAXLES #KABRAEXTRU
#stocks #StockMarket #StockMarket india #StocksToBuy #StocksInFocus #Trending #Trending Now #investing #BREAKOUTSTOCKS #BPCL #POWERGRID #ASIANPAINT #BAJAJAUTO
These are the names I'm holding currently.
#ADANIPOWER @ 280
#WELCORP @ 215
#MAHSEAMLES @ 663
#JAMNAAUTO @ 131.80
#ORIENTBELL @ 743.80
#AUTOAXLES @ 1978
#Autoaxles
- ROE 20 ROCE 31 PE 18 0 Debt
- Capex thru internal accural
- Meritor has big technical capabilities
- New business of Defense is growing steadily
- Good sales and profit growth
- Impressive Customer List
- 5Y: Sales growth 27% & Profit growth 62%
- promoter hldg 71%
Each period of range expansion will be followed by a period of range contraction. This is how markets move.
#AUTOAXLES after being up 30% in 3 days, has gone into a narrow range on low volumes. Ideally would like to see its 10 MA catch up to the price before entering.
Stocks for next week:
1. #LIKHITA
2. #PENIND
3. #SHANTIGEAR
4. #AUTOAXLES
Buy Before Breakout @vcpchartist
#stocks #stocks towatch #StockMarket