WABAG - LOOKS STRONG

Updated

The stock is holding well in recent sell off. The Weekly chart is trading above short term and long term moving averages.

Positional Pick from 12 months perspective:-

Current Price: 336 (Add more on dips)

Target 1: 430 (30%)

Target 2: 580 (75%)

Stoploss: 290 on Weekly closing basis

Note

336 to 370 but move has just started...above 370 closes/stays then opens up for 430 and that is immediate first target

Note

336 to 390

Note

336 to 407 booked 25%

Note

423 booked 25% more heading for first target...30% move almost

Note

460 now heading towards 500 plus second target

Note

516 heading towards second targer now...booked 25% more

Trade closed: target reached

667 from 336

HarnishBH

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.