TITAGARH : CMP - 957.75, Accumulate for a 2 months time frame for a target of 1118 & 1180, . Script is taking support ( @ 910)and bounced back from it. will resume a small stint of upward journey once crosses 973. this time the upwards journey will be slow and time taking (45 to 60 days). Keep a strict stop loss of 897 on closing basis .
Titagarh Rail System
CMP: 1178.50
short term target: 1356; stop loss: 1200
Once Titagarh script position it self above 1400 odd levels
Medium Term Target: 1600; stop loss: 1396
Duration: 5 week (short term); 15 week (medium term)
Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing...
NSE:TITAGARH is showing correction trend after a strong run. 50% Fibo takes it to 720 - at that price the PE (2024 earning) will be 24 - great buy for Indian railway and could go there by summer '24. However it should visit 850 level in the coming weeks before rebounding a bit - likely by March. I would start accumulating at that level in case bull wind is too...
There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS}
Titagarh Rail Systems Ltd.
Target: RS 1120
CMP: RS 1063.45
STOP LOSS: RS 995
Disclaimer: I am not Sebi Registered.
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...
Titagarh Rail Systems Flag Breakout
Buy Now Already breakout done
Stoploss 910-925
Target Near 1350-1400
Holding Time 2-6 Month
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking...
Strong Uptrend seen on chart.
Huge volume spurt seen on chart.
Company has delivered good profit growth of 23.6% CAGR over last 5 years.
Debt to Equity - 0.26
Steel Authority Of India Ltd. , Bharat Forge Ltd. & Ramkrishna Forgings Ltd. in Partnership with $Titagarh Wagons Ltd. are in the race to manufacture forged wheels for Vande Bharat trains, LHB coaches & Locomotives in the country, to reduce dependence on import of wheels.
In September last year the govt had floated a tender for these wheels to be used in...
