Shreerampist This Stock Made new Higher High level.
And Also Triangle Pattern in uptrend,
As the Following Uptrend this stock has given Breakout Of trend line .
SHRIPISTON trade ideas
SHRIPISTON(M)Shriram Pistons showing a rising trendline breakout on the monthly timeframe, accompanied by an 8-year breakout.
Shriram Pistons & Rings LtdShriram Pistons & Rings Ltd is primarily engaged in the manufacturing of pistons, piston pins, piston rings and engine valves for various automotive companies in the domestic and export markets.
The company's product portfolio includes a broad range of Pistons, Piston Pins, Piston Rings, Engine Valves and Cylinder Liners
Shriram Pistons & Rings The company recently acquired a 51% stake in EMF Innovations, a Singapore-backed e-mobility solutions provider to strengthen its foothold in the fast-growing e-mobility space.
Furthermore, SPRL entered into an agreement to purchase a 75% shareholding of Takahata PRecision India, a manufacturer of precision moulded parts for automobile and industrial purposes.
The management has also been eying external opportunities lately to diversify the auto components maker product portfolio in areas beyond IC engines.
My latest Pick for Investment and Swing TradingA good stock which looks technically and fundamentally attractive
Stock for 2023Buy within 5% above the resistance level and put stoploss 5% below the resistance level.After it reaches target put super trend as a trailing stoploss and exit when it hits the supertrend with full quantity.
