Rico Auto
CMP =80.55
Breakout with good volume on 18 May, Gap which was created on 15 Feb was filled significantly with good volumes.
RSI= 66
Fundamentally:- Not so good stock with ROCE and ROE being less than 10.
SL for this stock can be just below the 75 levels.
Target:- 86
Disclaimer:- This is not any buy or sell recommendation, this analysis is just for educational purposes. Take any buy or sell call only after consulting with your financial advisor.
Keep Learning, Keep Growing !!
Breakout with good volume on 18 May, Gap which was created on 15 Feb was filled significantly with good volumes.
RSI= 66
Fundamentally:- Not so good stock with ROCE and ROE being less than 10.
SL for this stock can be just below the 75 levels.
Target:- 86
Disclaimer:- This is not any buy or sell recommendation, this analysis is just for educational purposes. Take any buy or sell call only after consulting with your financial advisor.
Keep Learning, Keep Growing !!
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