Top Chart of the Week.

This week we have scanned more than 6000 stocks and find some interesting chart where chart of the stock is giving breakout and financial of the company is looking good.

1. Talbros Automotive Components

Factors working behind this Stock is

a.) Auto sector is doing well in last quarters in market and outperforming the nifty index.

b.) Many auto stocks already given many fold returns.

c) As expected Up to 2026 Growth in this sector will grow at a reasonable good rate.

d.) Sector is going under a major change to EV Segment.

e.) Technical Chart is strong.

f.) Financial of the company is growing at a good rate.

Lets Start with Technical first.

Last Week candle is too bullish and stock moved up and break all the levels.

If we are entering now in this counter on CMP= 366 then we can Target= 600

Stop Loss would be below Last Swing Low=265

Risk Reward would be 2.31

Time Horizon = Two to Three Year

Return Expected= 63% From CMP

As u all aware the investment in the market are subject to market risk so position sizing is important to take control over risk.

Amount that can be invested in this stock is 5% of the portfolio amount.

Lets Check the Financial

Disclaimer: We are not SEBI Registered Investment advisor, we are NISM Qualified Research Analyst So it is not a investment advise. Consult your financial advisor before Investing in the market.