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TANEJA AEROSPACE & AVIATION LT
Long

TANAA - Swing Trade Opportunity

By Rugminik
Updated
TANEJA AEROSPACE looks good for a swing trade.

Coming out of 9 days old consolidation - Bullish Penant - Trend continuation, will be confirmed with today's close of Morning star Reversal. Entry can be in the range of 346-356.

Target 1 - 380
Target 2 - 425
Target 3 - 480
Comment
Target 1 Achieved. 10% ROI.
Comment
Target 2 in range, if weekly closing is above All time high of 389, one may look to trail profits till 500 in the short term.
Comment
All targets hit, 480+, 40% ROI within a month.
Beyond Technical AnalysisChart Patternspenantprice-actionpriceactionTANAATrend Analysis

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