📊 Script: TEXRAIL
📊 Sector: Capital Goods-Non Electrical Equipment
📊 Industry: Engineering
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 57.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 178
🟢 Target 🎯🏆 - 197
⚠️ Stoploss ☠️🚫 - 170
⚠️ Important:...
Disclaimer: Only for educational and self-study purposes. I'm not responsible for any losses or gains.
Price has retraced into a monthly level and shows rejection and strength towards the upside.
On the Hourly chart, the stock can be longed from the Volume Imbalance(gap, marked in white) or from the 1H orderblock as shown.
Targets can be at the next major swing.
Support Zone: Identified, indicating potential reversal
200-Day EMA: Providing support
Entry Strategy: Buy at Current Market Price (CMP) ₹172
Stop Loss (SL): ₹153 for risk management
Target: ₹220
Take entry at cmp 145
target 290Rs
Next average at 114
Railway sector is very bullish . Counter will try to reach its 2014 life high of 151 and there after it will ready to fly in the open sky.
Be Invested and don't miss it.
Education Purpose Only... Please Consult Your Financial Adviser Before investing..
Please Maintain Strict Stoploss...
Book 70% at Target 1 and Rest Trail and Book at Target 2 ...
Don't Risk More than 1% or 2% of your capital in a single Trade..
Strong Bullish Candle..
Good Volume...
Railway Momentum Stock..
TEXRAIL:- The stock has given a breakout after 9 years. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the...
--Consolidation Breakout
--Chart structure similar to Titaghar
--Expect 3X in a year
--Railway sector in focus
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives,...
Already mentioned important level with target and stop loss. Railway sectors showing over all bullish momentum, will continue till budget, tight SL for late entry. Happy learning with swing trade academy .
#TEXRAIL trading above Resistance of 154
Next Resistance is at 241
Support is at 123
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational...
Buy TEXMACORAIL 66, for 90/120 and 140 in medium term. Classical rounding pattern formation happening on weekly charts. Hefty volumes are there on daily/weekly basis.
#TEXRAIL trading above Resistance of 99.50
Next Resistance is at 154
Support is at 83
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
📊 DETAILS
Sector: Railways Wagons
Mkt Cap: 6,560 cr
Texmaco Rail & Engineering Ltd is an engineering infrastructure co. & part of the Adventz Group, The co. is involved in the business of manufacturing Rolling stock, hydro-mechanical equipment, steel castings & construction of Rail EPC, bridges, and other steel structures.
TTM PE : 95.61 (Average...
--cup and handle breakout
--pole and flag formation
--multibagger stock
--short term target:- 200/250/275/300+
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time...
Texrail Short term trend continuation
Entry 178-183
SL 167
Only for journaling not for the trading.
This post is for my personal use.
Note : only for learning, not a trading recommendation. i am posting as a trading journal before and after breakout.
