Giving break out above the horizontal TL ( above 263 ).
If sustains it can give 7-8 % returns.
Above 285 it can move upto 320-325.
Breaking out of flag.
The four circles represents the Low, High, Higher Low and Higher High of the uptrend. And after giving a pullback it has changed the trend from downtrend to uptrend in minor trend of the pullback. Invest at your own risk.
BSE:TIGERLOGS Tiger Logistics Ltd. is a leading logistics company that is into multiple segments related to supply chain management. This is a company that handles freight forwarding, CHA, cold storage-related shipments, and commodity-related movements. It has associates and offices around the globe. So, this is truly a global supply chain management company...
Monarch : Buy in dips above 165 for the targets 180, 198, 216 and 240.
Tiger : Buy in dips above 206 for the targets 240, 266, 288 and 312.
Duration : One year.
Note : Consult your financial advisor before investing.
Tiger Logistics has formed a rounding bottom and looks bullish. It is a smallcap company listed only in BSE with bad figures and better results are expected this quarter. It is a high-risk high-reward pick and the chart looks bullish. Keep strict stoploss. It may create a handle formation to create a cup and handle in its chart so keep that in mind too.
BSE:TIGERLOGS Tiger Logistics Ltd. is a leading logistics company that is into multiple segments related to supply chain management. This is a company which handles freight forwarding, CHA, cold storage related shipments and commodity-related movements. It has associates and offices around the globe. So, this is truly a global supply chain management company...
