As per management they should get some large orders over the next couple weeks. (Esp the Chennai order) which could move the price of the stock much much higher.
The company is also learnt from the past and is changing its model so that could do well for the company going ahead.
If they can keep up to their word this business could start to see good times and a...
VA Tech Wabag. After continues downfall from 900..stock touch the bottom of 70. Now on bottom inverse H&S pattern under formation, breakout may start the new uptrend in stock.fundametals are good except share holding pattern. Good risk reward trad, might give good return in long term. CMP:337 sl:265(wcb) Target: 480/585/725/900
WABAG:- Head and shoulders pattern is showing formation, make action plan only after breakout, keep on eye.
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...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Stock has remained in downtrend since 2015 and is now looking ready for a breakout
Buy above 340-350 levels weekly closing and a retest needed with small SL of 10-15% and targets of 600 levels also in the long term
When price break the upper boundary with with high volume after strong consolidations then high probability price continue the trend . Breakout candle low act as a Stop Loss
VA Tech Wabag. Stock was in downtrend from 2015. But now stock has started forming higher highs higher lows.long trend breakout happened in last week. Little risky trade CMP:315(add small qty at this level and add more once stock cross 415-425 level to play big) Stoploss:275(wcb) Target: 410/520/635/780.. long term bet
NSE:WABAG This company decreasing the debt, and ROE is improving. PA showing strong for long.
- It's just idea, do your own analysis. Not buy/sell recommendations.
i have made a analysis by using few technical indicators and trend lines . My observations is as bellow.
1) Based on the trend line analysis- stock is following the up trend since 1 year
2) stock recently touched the trend line, took support and continued upward journey.
3) It is working in a very good support and resistance levels.
Conclusion :
1) can enter...
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
RAKESH JHUNJHUNWALA HOLDS 8.04% STAKE AS PER VARIOUS WEBSITES
Buy@CMP
TGT - 400 & 450
SL - 330
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 for the...
