Anticipating a good weekly breakout trade idea I daily make educational content videos for swing / positional trading
Texmaco
Inverse head and shoulder in TexmacoChart -> Texmaco Rail Weekly
Big and beautiful inverse head and shoulder breakout this week. Big volume bars from last few months shows clear accumulation.
CMP: 67.50
Good Range: 58 to 68
Target: 78, 93, 106, 116
SL: 53 Weekly Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalTEXMACO INFRA & HOMES
Stock seems now moving, recent volume coming
Now stock again testing its strong resistance zone
Can be a risky bet and may be slow moving also
Buy above 80 on closing basis for positional targets of 90/100 levels.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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TEXRAIL - Volume SurgeNote: This is for educational purpose only.
There is an ascending triangle formation in TexRail with RSI nearing 60. RSI indicates a bullish momentum. Moreover, there is a huge rise in volume. As there is no build up in this near resistance, I have a low confidence in this breakout. Buy only once price breaks resistance with surge in volumes.
Texmaco Rail : Accumulate for Long termAccumulate Texmaco rail for long term perspective.
Add on dips upto 80.
