TITAGARH on supportTITAGARH is on 200 EMA support, also on previous ATH support.
FII and DII both have increased their holding in previous quarter.
Public and Promoter holding have decreased.
Last quarter result was not expected, maybe the reason for downfall, but now they have new order for metro and Vande Bharat coaches, so expecting a good result next quarter.
Do your own analysis and enter as per your own risk management.
Railwaystock
Texmaco Rail & Engineering Ltd, target of 430+Texmaco Rail & Engineering Ltd, a part of the Adventz Group, specializes in manufacturing rolling stock, hydro-mechanical equipment, and steel structures, including rail EPC and bridges. Originally part of Texmaco Limited, founded in 1939, the company was established in its current form in 1998 following a demerger in 2010. It has a market cap of ₹9,364 crore and trades at ₹234 per share, with a high P/E of 67.6 and a low ROE of 5.88%. The company has reduced its debt and maintains a healthy dividend payout but faces challenges like a low return on equity and high borrowing costs.
Texmaco Rail & Engineering Ltd, target of 430+Texmaco Rail & Engineering Ltd, a part of the Adventz Group, specializes in manufacturing rolling stock, hydro-mechanical equipment, and steel structures, including rail EPC and bridges. Originally part of Texmaco Limited, founded in 1939, the company was established in its current form in 1998 following a demerger in 2010. It has a market cap of ₹9,364 crore and trades at ₹234 per share, with a high P/E of 67.6 and a low ROE of 5.88%. The company has reduced its debt and maintains a healthy dividend payout but faces challenges like a low return on equity and high borrowing costs.
IRCONConsolidation happening at Resistance Level.
Looks good on Chart.
Above all EMA.
Short term target 280.
Do Like ,Comment , Follow for regular Updates...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
RVNLLooks good on Chart.
Breakout possible.
Long Consolidation done.
Above all EMA.
Good for Short term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Texmaco Rail - The Choo Choo Train ready to Chug alongTexmaco Rail - One of our 1st multibagger picks recommended at 64 levels has blasted all initial targets given 116, 135, 153
It went on non-stop to reach 225 level blasting out of 9 Year Rounding Bottom Pattern on Weekly. Subsequently price started retesting journey back to the BO zone of 164 and bounced back strongly 2 Months in a Row
Target for this Monthly Rounding Bottom pattern is 305 which gives an upside of approx. 58%
On Weekly Timeframe: Price is travelling within a Parallel Channel and has completed a Bullish Continuation Pattern - 2 Black Crows and ended the week right at a Resistance level 193
Above 193 WCB - price would complete a Fresh Rounding Bottom Pattern which will take the Targets to 240, 320
Upcoming Targets: 240, 305, 320
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Buy IRCTC for 31% gainIRCTC is showing a reverse head and shoulder pattern which is a positive sign after other railway stocks have rallied. The target price is 1280 which is the lifetime high and it will give a 31% gain from current price. No stoploss. I do not believe in stop loss as taught by my teacher. Buy it on dips.
It is an analysis for educational purpose.
Trade and invest with your own risk
It is not a buy or sell recommendation. I am not a SEBI registered advisor
Compressing the Compressor - Elgi EquipmentElqi Equipment is a leading manufacturer of Compressor mainly for the Railways. Given the Focus & Investment on railway sector by govt of India - many railway themed stocks are flying.
Elqi Equipment on Monthly is getting compressed in an Bullish Ascending Triangle formation. Its a Double Resistance -
1) Long Term Parallel Channel BO pending
2) Ascending Triangle BO pending
BO for both same - above 580 WCB will take to a target of atleast 300 points to 885. Enjoy the ride
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Titagarh Rail will take me to my "Ghar"With the massive investments infused by Govt of India on Railway Sector to the tune of 1lakh Crore - most of the Railway Themed stocks are flying like Bullet Train.
Titagarh Rail Systems
an Amazing Upward Parallel Channel on Monthly
On Daily - Beautiful Box pattern BO followed by Ascending Triangle Formation
Triangle BO pending above 1075 WCB for target of 1225.
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
IRFC - Railway rally to Resume ?IRFC has shown a good move today after a healthy correction and looks set to resume its rally.
After a brief fall, it has consolidated above the 0.618 levels with a hint of bearish sentiment.
However, todays closing with good volumes makes it a good setup to go long with a good risk reward ratio.
Keeping 1 ATR as SL. I would avoid to keep any target in this trade because this stock is known to give big up moves quickly and would prefer to keep moving my TSL up if my view turns out right.
#IRFC INTRADAY TRADE SETUP Greetings Folks,
today i have prepared a setup of IRFC on NSE
the analysis is as follows
- the price made a retracement
- now following a dynamic resistance and support
- i have also marked the S NYSE:R flip zone
- can breakout either side
dont play with fire, always use a predefined stoploss
IRCTCHello and welcome to this analysis
In the month of December 2022, Govt announced divestment which lead to gap down openings on the consecutive days. the 2nd gap down activated a Bearish Island Reversal.
From 600 it appears to have completed a Dead Cat Bounce and now could continue its downtrend.
It has resistance at 650 while support comes in at 610 and below that near 575 where it could complete this down move.