Tube Investments of India Ltd.

109
*Tube Investments of India Ltd.*

P&F Formation on Yearly Basis.
Double Bottom Bounce up on Yearly Basis.
*W* on Weekly Basis.

Continued Traction of Vol. to be watched
RSI: 1H >D>W>M. All in Bullish Zone.
EMAs: Widening Gaps amongst 20 50 100 200 levels at Daily Basis / Going for Golden Crossover.

_Respective Weekly Resistance levels as likely Targets._
3011 / 3219 / 3295 / 3476 / 3700 / 3833 ....

*Trail SL with Upside*
*Book Profit as per Risk Appetite*

Improving Financials. Rising Revenue on Yrly basis. Improving TNW & Balance Sheet. Low Leverage. Constant Promoter Stake / Double Digit Conti.. FII / DII Stake.

Concerns:
Revenue / Profitability from multiple new businesses.

*This is an Opinion. Do your own research as well.*
*_Happy Investing_*🤓

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