TRF technical View
-> This is a stock we have been tracking for a past few months as a turnaround case technically.
-> After a couple of whipsaws the stock finally seems to have broken out above the 145-148 important resistance.
-> A longer term target could be way higher but short term can expect 165-175 and 200.
-> Good volumes for last many months shows strong accumulation.
-> Stoploss would be a little deep at 135 but accumulate at 145-153.
Disclosure: Recommended long to clients at 145-147 today.
Meanwhile godrej properties recommended at 155-165 has moved up to 185 can book partial profits.
TECHNICAL ANALYSIS TRAINING SESSION MUMBAI on MARCH 29-30
For more details mail to analyseindia@analyseindia.com or 09819225396
Thanks and Regards,
Nooresh Merani
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Cell – 09819225396
