PoojanShah

VA TECH WABAG Long for 500 in medium term.

Long
NSE:WABAG   VA TECH WABAG LTD
Techno-funda analysis.

1. Bullish flag and pole breakout.
2. Increasing volumes on breakout.
3. Quarterly sales increasing.
4. Good order book.
5. Backed by Rakesh Jhunjhunwala (Additional point).

Buy at CMP 393 for targets of 450/500 in medium term and 900+ for long term targets.

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