A stock which has teased many times but now is on the verge of breakout upwards and could make a super move going ahead. Long above 2250 with SL below 2100. This co could be pyramided above 2300 too and why then the SL could be shifted to 2175.
Buy transpek with sl 1430 closing basis cmp 1840 add till 1600 if breakout retesting stock do tgt 2050-2400-3000 also possible ABOUT Incorporated in 1965, Transpek Industry Limited is into the manufacturing and export of a range of chemicals servicing the requirements of customers from a diverse range of industries including Textiles, Pharmaceuticals,...
Buy@CMP TGT - 2600 & ABOVE SL - 2250 Disclaimer : The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible...
perfect move in channel & now coming out of box, can create magic for stock holder.
A leading chemical manufacturer, with decent fundamentals, shows consolidation on daily charts. Look at levels of 1341 and 1424 as marked on charts. From 17 Feb, its almost 2 months stock is in this narrow range. The fall from highs came at lower volumes and after that this sideways movement. Now the stock seems to pick up and waiting to break the above mentioned...
Last 2 quarters were not good, now consolodating in a narrow range expecting good December quarter
1818 will be act as crucial support buy on this levels as 38.2 of fibonacci is also there
Long above 1800 for higher targets. Considering results yet to come this week expecting the stock to break all time high soon
If this closes above 1780 today, in my view, it's about time to see a new high in Transpek. Fundamentally a strong company and a clear performer from past 5 years, it had withstood previous tough times created by economies and nature. High Debt a little concern, but is well covered with the Operating Cash Flow. A great portfolio of products and in some, only...
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%.