Pritika Auto ready for another explosive move

By | December 27, 2017 10:54 pm

Pritika Auto Industries is an Auto Ancillary based company having 5 plants in Punjab and Himachal Pradesh. Its Listed on BSE with Ticker Code: 539359. Stock  has seen a good run, Stock is almost up 50% from its breakout point. Hope traders made good money in this stock.

We have covered this stock this 5 time before 1 2 3 4 5, As the stock is seeing no sign of cooling off, More steam is left.

As shown in below chart Stock is near an important AF resistance zone and Supply coming is getting absorbed, Today also fell down till 100 and recovered smartly by closing. Any close above 113 which is an important vedic number can see the stock rallying towards 123/133/144 in short term. SL should be kept at todays low of Rs 100. As per time cycle of this stock big move can be seen in next 1 week.

 

Traders can go long in range of 111-113 For target of 123/133/144 with SL of 100

Please do your research, and trade in small quantity.

Category: Small Cap Stocks

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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