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PoojanShah
Aug 2, 2021 1:56 PM

VA TECH WABAG Long for 500 in medium term. Long

VA TECH WABAG LTDNSE

Description

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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