BREAKOUT IN SONACOMS
Sonacoms stock has given a breakout from the descending trend line on 4 times 10 days average volumes. Its CMP is 455. It has come above 50 days EMA.
Sonacom is a precision forging unit supplying to auto industry Including big names like Tesla. Its targets are 493, 548 and 609. However, it will not be valid below 430.
Disclosure: its purpose is educational and I am not a SEBI registered analyst. Pls consult your Financial advisor before taking a trade.
Sonacom is a precision forging unit supplying to auto industry Including big names like Tesla. Its targets are 493, 548 and 609. However, it will not be valid below 430.
Disclosure: its purpose is educational and I am not a SEBI registered analyst. Pls consult your Financial advisor before taking a trade.
C_Nandlal
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