Fundamentally very strong company. Recently the promoter has bought a very good quantity from the market at all time high levels.
Crucial fibonacci support. All possibility of a retracement from these levels.
RSI already pointing towards a possible oversold condition.
Buy from a long term perspective for stupendous gains. Half buying shall be done at CMP and ...
Transpek has bounced from its current support and we can see two green candles indicating bullishness. Buy it with a stop loss at the support.
In case it breaks out the triangle decisively, you can shift your target to 61.85% level rather than 38.2%.