Stocks-n-Trends

India's Non-Stop Bullet Train - TEXRAIL - Choo Choo Train :)

Long
NSE:TEXRAIL   TEXMACO RAIL & ENG
TEXRAIL turned out to be a Multi-bagger in 2023. The initial call was given at 64 for a target of 116, 136, 157. It blasted all 3 targets in less than 8 months resulting in a profit of more than 2.75x - Amazing Isn't it

Recently the Indian Govt has announced major investment of more than 1 Lakh Crores into Railways & Infrastructure and among the Railway Themed Stocks - TEXRAIL plays a prominent Role.

Our Multi-Timeframe Analysis shows following results
1. Monthly - Huge Cup & Handle BO done with targets of 240, 290
2. Daily - Even on the Shorter Term - It looks Super Bullish above 180 resistance levels. Another Smaller Cup & Handle BO done at Daily TF with target of 215

All we need is a strong close above 181-185 WCB for the Choo Choo Train to Blow its Horns and Chug along :)

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

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.