Small Cap Stock Breakout: Pritika Auto Industries

By | October 24, 2017

Pritika Auto Industries BSE Listed 539359 is an Auto Ancillary based company having 5 plants in Punjab and Himachal Pradesh.  Stock is nearing its resistance level of 72-73 Range. Stock has been trading in 18 points range (54-72) from last 4 months.

Looking at the Auto sector Stocks look ripe for Breakout with small SL.

As shown in below chart Stock is nearing a Triple top and breaking the same can see a fast furious rally of 18 points.

 

 

Traders can go long in range of 72-73 For target of 80/88 with SL of 68

Please do your research, and trade in small quantity.

2 thoughts on “Small Cap Stock Breakout: Pritika Auto Industries

  1. Anu

    Hello. The stock has reached 80 level today. Does it have steam to go till 88?

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