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srikartiram
Mar 11, 2021 12:59 PM

TEXRAIL | Stock looks good for 65% upside move Long

TEXMACO RAIL & ENGNSE

Description

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



Trade closed: stop reached

Comments
preyanshdwivedi
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.
srikartiram
@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.
mukeshsingh92
Excellent Shri.... Railways stocks are going to bombard.. TexRail surely be one of them.
srikartiram
@mukeshsingh92, Great news then :) i just seen technicals, your words are giving more conviction
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