NiftyBreakouts

TEXRAIL BREAKOUT

Long
NSE:TEXRAIL   TEXMACO RAIL & ENG
TEXMACO RAIL & ENG - TEXRAIL POTENTIAL BREAKOUT


TEXRAIL is in an ascending parallel channel pattern for a very long time. Now it has broken out of a 5 month Trendline.


Entry - Above 45.80
SL - 41
Target 1 - 49
Target 2 - 57

Study the stock before making any investments.
Comment:
Target 1 Achieved - 7% captured
Comment:
Next Immediate Target- 53.15

KINDLY UPDATE
Trade closed: target reached:
Target 2 - 57 Reached !!

Can Trail Stop Loss
Comment:
Good chance to reverse back near 64 area

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