NRB Bearings
CMP 172.
Stop 130.
Target 220 / 350.
Monthly chart
Stock has cleared past 3 plus years consolidation zone in the form of rectanglar breakout with good volumes. Currently stock is positioning itself
Oscillator indicators providing momentum signals with the instance of previous breakout positioned post the stoch crossover at oversold zone and stoch k and d crossing 50 line mark, the stock rallying almost 100%. The current scenario is almost a similar setup.
CMP 172.
Stop 130.
Target 220 / 350.
Monthly chart
Stock has cleared past 3 plus years consolidation zone in the form of rectanglar breakout with good volumes. Currently stock is positioning itself
Oscillator indicators providing momentum signals with the instance of previous breakout positioned post the stoch crossover at oversold zone and stoch k and d crossing 50 line mark, the stock rallying almost 100%. The current scenario is almost a similar setup.
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