Minda Corp, Pricol: These auto ancillary stocks may be the next big movers

Auto ancillary stocks may jump up to 15 per cent in upcoming sessions

Minda Corp Ltd (MINDACORP)
Likely target: Rs 200
Upside potential: 15%

The shares of Minda Corp Ltd recorded a new 52-week high on Tuesday November 16 with a very bullish momentum. This up move was the result of the breakout in the consolidation range of Rs 150 to Rs 115 levels, according to the daily chart. The immediate closing basis support stays at Rs 165 and the stock may see an upward rally in the direction of Rs 200 level. CLICK HERE FOR THE CHART
 
Pricol Limited (PRICOLLTD)
Likely target: Rs 140
Upside potential:  15%