WABAG - LOOKS STRONG

By HarnishBH
Updated
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
Comment
336 to 370 but move has just started...above 370 closes/stays then opens up for 430 and that is immediate first target
Comment
336 to 390
Comment
336 to 407 booked 25%
Comment
423 booked 25% more heading for first target...30% move almost
Comment
460 now heading towards 500 plus second target
Comment
516 heading towards second targer now...booked 25% more
Trade closed: target reached
667 from 336
Chart PatternsTrend AnalysisvatechwabagWABAG

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