VA TECH WABAG LTD

NSE

WABAG

ENTRY 332 TGT 335,340,345 SL 323

The stock looks good at the current level. The stock has broken down trendline in weekly and looks like the stock is breaking out. The stock has relatively a triple bottom formation. The RSI Indicator also shows an Inverse Head and Shoulder Pattern.

The stock has rallied on smart money earlier and higher earning expectation and clocked a high of 970+ and later fell down drastically. I have noticed Pension funds buying on bulk deal column. I feel optimistic of the stock as the fundamentals and management is good and has the capabilities to pull off large infra projects. Technically, it's trading below it's...

Stock has goven Double bottom breakout on weekly Charts Buy On dips till 300 CMP 313 Target 340/350+ Sl 280

Details are on chart

BUY / Sell SETUP of "WABAG EQ" Daily as well as Weekly Level. Last Candle "Bullish Harami Cross" Rest Plotted & Mentioned on Chart. Disclaimer: Information given here, Study/Education purpose only. For taking trade decision Consult with your Financial Advisor. If Useful Like & Share.

450 is a very strong support. since 2016 450 has been a support level. Good rate to accumulate. We can see breakout in few months. I would go long here with a stop loss at 440.

with 450 as base price VA Tech Wabag forming descending triangle pattern ....we can keep 450 as stop loss and accumulate if it breaks 450 it may fall further . but I believe it will hold 450 level and bounce back from here

Moving with good volumes SL 605 Targets mentioned in the charts

The chart pattern indicates the following targets. T1: 600 T2: 632 T3: 700