srikartiram

TEXRAIL | Stock looks good for 65% upside move

Long
NSE:TEXRAIL   TEXMACO RAIL & ENG
TEXRAIL | Stock looks good for 65% upside move - Inverted Head & Shoulder pattern is visible

CMP : 31 (Dip till 29)
SL : 26
Target : 51

1:7+ risk reward setup



Comments

Hi Sir,
I'm at 14% loss in texrail due to market correction. Apparently market has gone into consolidation. Please let me know when texrail may rebound back.
+1 Reply
srikartiram preyanshdwivedi
@preyanshdwivedi, This pattern is weak now. Still the stoploss is not hit its because of the buffer we kept. You can hold this stock still may be if you are lost interest just reduce the position size alone.
Reply
Excellent Shri.... Railways stocks are going to bombard.. TexRail surely be one of them.
+1 Reply
srikartiram mukeshsingh92
@mukeshsingh92, Great news then :) i just seen technicals, your words are giving more conviction
Reply
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