mightyrajat
Long

Transpek - investment idea positional

BSE:TRANSPEK   TRANSPEK INDUSTRY LTD
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).
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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