Note: This is for educational purpose only. There is an ascending triangle formation in TexRail with RSI nearing 60. RSI indicates a bullish momentum. Moreover, there is a huge rise in volume. As there is no build up in this near resistance, I have a low confidence in this breakout. Buy only once price breaks resistance with surge in volumes.
TEXRAIL breakout with volume. looks technically strong more details on chart stop loss 41.50 HAPPY TRADING:)
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
If the stock is able to cross 75.25 tomorrow, fresh bullishness may take it to a level of 114
60 is small hurdle, 51 is my stoploss disclaimer: THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
closing above 61 and sustaining there for couple of days will complete the process.
Accumulate Texmaco rail for long term perspective. Add on dips upto 80.
Consolidation near to end soon suggesting to buy TEXRAIL above 117.50 for medium/long term target 150
daily closing above 102.40 & weekly closing above 115.2 might open good upside
Reaches its support level heads over to target 115
Another Wyckoff accumulation pattern. After 7, 8 steps..price should start trending up. Last Wyckoff in BN give a 3000+ point and ongoing trade. Link here -->
A clean 5 wave and then a clean abc correction. The bottoms formation is another wyckoff in development. Once this ends..expect a strong upmove.
It seems on yearly chart, 9 month rectangle formed. Will it breakout before the budget sessions? Kindly guide me, if my charts are wrong.
Stock is setting up for a possible pre-budget rally. Watching. No position yet