rrajkumar86
Long

TRF For Investment

BSE:TRF   TRF LTD
221 2 3
TRF             (A Tata Enterprises)

Buy with 180 Stoploss.

Can fetch 4x Retunrn
Comment: After traingle Breakout again took support at Triangle Top. On Daily Chart Taking support at 200MA.

Risk Reward 1:16
Comment: 242.2 to 274.8. 13% Till now
Trade active: People Doubted this one.. 2nd upper circuit
Hello Sir,
I am new to this. can you explain the rationale behind 4x rise,without corresponding increase in profits or expansion of capacity. The company has not posted profits for last 5 years and the negative book value increases every year. The promoter needs to plough in money to keep the company afloat.

If you look at the market cap which may be low viz a viz sales but I sincerely wish to know the triggesrs for the stock.

regards
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rrajkumar86 HARDWIRED_AMIT
@HARDWIRED_AMIT, Nothing other than Technical. Technical Shown that its a buy for Longterm that's it. 470 is not so Far away.
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