TEXRAIL trade ideas
Texmaco RailEverything is in chart.
Only For educational purpose .
Consult your advisor before investing.
Long possibility......
texrailRailway-linked stocks have been in the limelight on the bourses as Indian Railways plans to add more fleets to the convoy. According to a Business Standard report, it is expected to add 100,000 wagons over the next three years.The railway department has already floated a tender worth Rs 35,000 crore of wagons, which is in the pipeline since 2018
Buy texrailBreakout retest and now start the next rally
Close above 47 it may zoom up to 54-58 level
SL 41.75 on Daily closing
Volume and RSI both indicate bullishness in that counter
Texmaco Rail & Engineering LtdTexmaco Rail & Engineering Ltd
Multiple Rounding Patterns Formation on Monthly Basis.
Price Break-Out on Monthly Trendline Supported by Volume Break-Out.
Trail Stop Loss with Bigger Rounding Bottom Patterns Giving Higher Target.
Do Your Own Research as Well. This is Just an Opinion. Opinion may differ and is Respected.
Happy Investing:)
TexRailTexmaco Rail Share now trade @ channel pattern if break out above this channel pattern Rs40/- very short term hit 50 and move up to 75
TEXRAIL NSE BULLISHVIEW ABOVE 40 CMP 41.4TEXRAIL NSE is bullish if 40 holds. Ner 52 week high. Positive Trend. Fresh breakout.
**** Educational purpose only. Not Buy/Sell Recommendation.
A reverse H&S and 50crossing200 EMAa Buy here for Technicals and considering Pre-Budget wherein Railways & Infra will be in focus :)
