Wednesday, April 5, 2017

Technical Analysis of Texmaco Rail & Eng Limited - (NSE India) on 5 April 2017

Technical Analysis of Indian Stocks: Texrail - Texmaco Rail & Eng Limited - (NSE India) on 5 April 2017

This is no buy/sell recommendation – just a trial to see if Technical Analysis (works to an extent) in NSE – India.

First let us look into the Technicals: Texrail has been in a trading range from ~87 to ~117 from Early March '16 to date. A bullish break-out could take it to the 150's.

Prediction: It seems to be on an up move to test 117 Resistance (with SL @ 90).




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