Texmaco Rail& Eng by KRS Charts

Updated
20th Sept 2024 / 3:19 PM

Why TEXRAIL ❓

1. All Over Bullish in Trend by making HHs & HLs.

2. Was correcting for over 3 months and Today Big Green Candle Closing with Range Breakout

3. Also, in 1W it'll probable closing hammer candle stick too.

4. Furthermore, my conviction is on today only is because of its in Fibbo Golden Zone

Target is Expected to break ATH price point 👍🎯

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GOLDEN ZONE FAILED!!
Wait for Green Trendline.
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Bullish Engulfing Running in 1D ⚡
But Closing should be in this Range too 👍
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Almost 5% Move upside
As discuss before support line giving support !!
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197 Rs Would be the better to AVG. once it reaches there
CMP 205 Rs.
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Bullish Divergence in RSI
Demand From Support Zone 🙌
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W pattern Breakout at Support ‼️
Likely Bottom!!
Note
Re Entered in Profit Zone 🙌
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