TEXRAIL (Nifty Microcap 250) – Turnaround Brewing? 🔄
Texmaco Rail & Engineering Ltd
📌 Trade / Swing Plan
• CMP: ₹141
• SL: ₹109
• Targets: ₹154 → ₹187 → ₹227 → ₹272
📍 Technical Logic
• Strong support at 61.8% Fibonacci (~₹120)
• Same level tested twice → confirms demand zone
• Structure supports staggered accumulation near support
• Part of Nifty Microcap 250, which is showing early reversal signs
⚠️ Risk Note:
This is volatile & risky — patience and strict position sizing required.
⚠️ Clarification:
This is an independent analysis based purely on technical and market study. No part of Religare is involved in this view or recommendation.
📝 Important:
I am not responsible for any loss or profit incurred. I am not taking any fees for these views – just sharing my analysis for educational and informational purposes.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision.
Texmaco Rail & Engineering Ltd
📌 Trade / Swing Plan
• CMP: ₹141
• SL: ₹109
• Targets: ₹154 → ₹187 → ₹227 → ₹272
📍 Technical Logic
• Strong support at 61.8% Fibonacci (~₹120)
• Same level tested twice → confirms demand zone
• Structure supports staggered accumulation near support
• Part of Nifty Microcap 250, which is showing early reversal signs
⚠️ Risk Note:
This is volatile & risky — patience and strict position sizing required.
⚠️ Clarification:
This is an independent analysis based purely on technical and market study. No part of Religare is involved in this view or recommendation.
📝 Important:
I am not responsible for any loss or profit incurred. I am not taking any fees for these views – just sharing my analysis for educational and informational purposes.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision.
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.
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.