VA TECH WABAG LTD
Updated

WABAG - LOOKS STRONG

499
The stock is holding well in recent sell off. The Weekly chart is trading above short term and long term moving averages.

Positional Pick from 12 months perspective:-

Current Price: 336 (Add more on dips)

Target 1: 430 (30%)

Target 2: 580 (75%)

Stoploss: 290 on Weekly closing basis
Note
336 to 370 but move has just started...above 370 closes/stays then opens up for 430 and that is immediate first target
Note
336 to 390
Note
336 to 407 booked 25%
Note
423 booked 25% more heading for first target...30% move almost
Note
460 now heading towards 500 plus second target
Note
516 heading towards second targer now...booked 25% more
Trade closed: target reached
667 from 336

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