Transraill. Aiming for IPO Base Breakout.

Updated
Transraill is aiming for a breakout from it's IPO base. 605 are crucial.

-Entry 605. Safe Traders Wait for a close above this level.
-SL 562 Closing Basis.

Lot of newly listed companies are showing promises. I will try to post the charts later.
This is apt as a positional pick and better to add it in parts. Wait for the breakout to sutain and then wait for a retest.

Position Sizing and risk management should be proper.
Trade active
16.8% moved in our favour.
Chart PatternsIPOipobaseTrend Analysis

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