Transpek - investment idea positional
Fundamentally very strong company. Recently the promoter has bought a very good quantity from the market at all time high levels.
Crucial fibonacci support. All possibility of a retracement from these levels.
RSI already pointing towards a possible oversold condition.
Buy from a long term perspective for stupendous gains. Half buying shall be done at CMP and remaining at 1110 levels(If comes).
Crucial fibonacci support. All possibility of a retracement from these levels.
RSI already pointing towards a possible oversold condition.
Buy from a long term perspective for stupendous gains. Half buying shall be done at CMP and remaining at 1110 levels(If comes).
Trade active
It did retrace from the levels mentioned above.Already sitting on 23% profits. Hold on for long term target of 2000.Trade active
CMP 1619. Continue holding.
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