takmanish007

TexRail, Strong stock from strong sector

Long
NSE:TEXRAIL   TEXMACO RAIL & ENG
-Posted Good results, EPS YoY 132% n 43% QoQ growth (thats type of growth in earnings you want to see in stocks you want trade)
TA:
- Mother Candle: 4 days Insidebar Candle
-Green Vol > Red Vol
-Consolidating near previous high BO level = constructive sign
-Good flushing of sellers
-Good Shakeouts, when price go below major ema, here both 21/50 emas, n rally back upside.
-Making HLs

Overall high priority stock for trade, buying above 202

Note: No buy/sell recommendation

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