Short Swing Idea Breakout of Flag and pole. Long now to make a gain of 6%.
t1: 8725
t2: 9033
SL: 8400
Wabco
WABCO BREAKOUT BUY
Resistance at 7500
Strong Support at 7000
Weekly Bullish engulfing candle
Target 8400-8500 (short to medium term)
WABCO INDIA - BUY BUY BUYWABCO is a global technology leader in commercial vehicle technology for trucks, trailers, buses, off highway and fleet management solutions.
Wabco India - Good for medium term investment. Medium term investors may look at Wabco India, looks like a good buy around 6280-6330 levels.
Targets can be 6580 - 6780 in 2-3 months, keep 6140 as stop loss.
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This post is not an advice to speculate using leveraged products, one must thoroughly understand the financial implications, consult some financial adviser before taking any positions.
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