HarnishBH

WABAG - LOOKS STRONG

HarnishBH Updated   
NSE:WABAG   VA TECH WABAG LTD
The stock is holding well in recent sell off. The Weekly chart is trading above short term and long term moving averages.

Positional Pick from 12 months perspective:-

Current Price: 336 (Add more on dips)

Target 1: 430 (30%)

Target 2: 580 (75%)

Stoploss: 290 on Weekly closing basis
Comment:
336 to 370 but move has just started...above 370 closes/stays then opens up for 430 and that is immediate first target
Comment:
336 to 390
Comment:
336 to 407 booked 25%
Comment:
423 booked 25% more heading for first target...30% move almost
Comment:
460 now heading towards 500 plus second target
Comment:
516 heading towards second targer now...booked 25% more
Trade closed: target reached:
667 from 336
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.