Analysis Criteria Used:
1. Please find the Chart Analysis done for the 2nd April, 2023 and the upcoming week.
2. The analysis for the Swing Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your...
Leading manufactures of raail way wagons from private sector field. Company reducing debt. Great recovery from its 52 week low and now near 52 week high with significant volume. Now testing the resistance line of its upward consolidation band . Bouncing from this level may give good movement .
Stock Name - Titagarh Wagons Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 247
#This is not Buy and Sell recommendation to any one. This is for...
TWL looks very Attractive for very high risk takers only
Fundamentals : Weak, improving on Sales, Profits, Increasing Reserves Vs Decreasing Debt. Promoters+FII Stakes increasing
Technicals : Bullish, Life Time High Breakout!
R 1: 260
R 2: 310
R 3: 360
S : 170
Bullish Flag breakout in Making
Strong momentum from flag lows & expected to go for higher prices.
Fundamentally very bullish and PA also confirming the same.
TWL is breaking out of a strong resistance level, if it sustains above 190 on weekly closing basis we can expect a 10-15% up move in no time. Keep it in your watchlist.
Titagarh Wagons Ltd.
ABOUT
Titagarh Wagons Limited, incorporated in 1997, is mainly engaged in the manufacturing and selling of Freight Wagons, Passenger Coaches, Metro Trains, Train Electricals, Steel Castings, Specialised Equipment & Bridges, Ships, etc. The company caters to both domestic and export markets.
KEY POINTS
Business Segments
Freight Rolling Stock...
28 Nov 2022 TWL
In Play : HH : HL
CMP 183
BO with good volume, after 3 months of the consolidation period, momentum is likely to continue for higher targets of 191.65-211-224, RT of TL can be used to initiate trade for the mentioned targets…
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect...
NSE:TWL
LTP - 174
Multi-Year breakout
Rounding Bottom formation
Good Financials have some cons hope they will cover
Above EMA 200 and taking support of EMA 50 again and again
4Hour Time frame also have multiple time trendline support
