DrPrashantVerma

TITAGARH-4-Swing Trade

Long
DrPrashantVerma Mis à jour   
NSE:TITAGARH   TITAGARH RAIL SYSTEMS LTD
TITAGARH : CMP -1098.70,; RSI: 67.93
Titagrh which has been in bull run and given a compounded returns of 225% return in last 4 quaters. After a 52 week high of 1248, it has been in a corrective ABC (Flat correction - 3-3-5) phase. The current corrective wave B, should culminate to 1244-1255 levels. Recent volatality in the indian market is giving good opportunity to re-enter into the script. Any intraday price movement in the range of 1028- 1075, should be garbbed for a short term swing trading upto 1245 levels in 3 weeks time frame. Keep a strict stop loss of 995 on closing basis.
Trade fermée: cible de profit atteinte:
TITAGARH : CMP -1275,; RSI:80.29 @ 18/05/2024,
Trager of 124w was achieved in 10 days of the recommendation, RSI is inching towards the over-brought zone, book profits and wait for the correction to renter below 1075 levels.
✅For more of such ideas. Like & boost the ideas and follow to never miss a new idea!✅
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.