samkrg piston & rings looks bullish in medium term

In weekly, price broke the previous peak with high volume, also price closed above upper BB and BB is expanding,

In daily also price broke out of horizontal resistance with good volume,

fundamental view - healthy growth in profit, positive cash flow, cheaper valuation in comparison to peers, healthy dividend payout,

with an initial sl - 290, one can ride the uptrend here,

Trade ist aktiv:

after a retracement, morning star formed at horizontal support.

Also taking support at 20 MA

Trade ist aktiv:

price bounced from the support level

Trade ist aktiv:

volatility decreasing and BB is squeezing

Trade ist aktiv:

till now 365.55, price closed above horizontal resistance with good volume and closed above upper BB

Trade wurde manuell geschlossen