Texmaco Rail - The Choo Choo Train ready to Chug along
Texmaco Rail - One of our 1st multibagger picks recommended at 64 levels has blasted all initial targets given 116, 135, 153
It went on non-stop to reach 225 level blasting out of 9 Year Rounding Bottom Pattern on Weekly. Subsequently price started retesting journey back to the BO zone of 164 and bounced back strongly 2 Months in a Row
Target for this Monthly Rounding Bottom pattern is 305 which gives an upside of approx. 58%
On Weekly Timeframe: Price is travelling within a Parallel Channel and has completed a Bullish Continuation Pattern - 2 Black Crows and ended the week right at a Resistance level 193
Above 193 WCB - price would complete a Fresh Rounding Bottom Pattern which will take the Targets to 240, 320
Upcoming Targets: 240, 305, 320
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
It went on non-stop to reach 225 level blasting out of 9 Year Rounding Bottom Pattern on Weekly. Subsequently price started retesting journey back to the BO zone of 164 and bounced back strongly 2 Months in a Row
Target for this Monthly Rounding Bottom pattern is 305 which gives an upside of approx. 58%
On Weekly Timeframe: Price is travelling within a Parallel Channel and has completed a Bullish Continuation Pattern - 2 Black Crows and ended the week right at a Resistance level 193
Above 193 WCB - price would complete a Fresh Rounding Bottom Pattern which will take the Targets to 240, 320
Upcoming Targets: 240, 305, 320
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
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