Wednesday, January 31, 2018

NRB Bearings Ltd ( NRBBEARING)-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks


NRBBEARING is now trading at 162.85 with  a  Fall    of   - 1.80   %  on    31 -Jan-2018   with formation of  a  Red  Bearish  Evening Star Candle    on Daily  Price Chart. Technically,  NRBBEARING  has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.
We may    BUY /    Accumulate  NRBBEARING  at  CMP   
Target : ₹ 182
Stop: Loss : ₹ 157
Time Frame: 1 Months
Disclaimer : We are / may going to take exposure shortly.
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Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip.M/S Durgapur Holdings & www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
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