The stock even after after moving up 30x is showing no signs of exhaustion.
Here's the Weekly Chart
The stock name is WABCO INDIA.
WABCO INDIA is a subsidiary of global major Wabco, which is the leading player in the CV components space. The company is a is the leading player in automotive vehicle control systems and has a market share of approx. 90% in the organised market with clients ranging from Tata Motors, Volvo, Ashok Leyland, etc. The company can be described as a complete service provider of braking systems.
Well, As you can see in the chart above - when stocks have to make big moves - they don't pullback and nothing holds them back - global cues, domestic cues, any cues. They just keep going up.
The blogpost is purely for educational purpose. Please do not make any trade based on this article. Please do your own due diligence.