Titagarh Wagons is looking strong and we can expect a 45% rise in price from current levels. Other factors:
1. Hammer candle at the right level on weekly time frame signifies trend reversal, buying at right levels. 2. Volumes were higher when stock was moving up, however, it were on a lower side when stock corrected - signifying strong stock. 3. FIIs & DIIs have increased stake 4. Wagon industry provides 55000 crores opportunity and Titagarh Wagons as a market leader along with its JV partners (BHEL, ABB, Firema Italy, etc.) is the right candidate to reap benefits.
Keep following Cleaneasycharts as we provide Right Stock at Right Time at Right Price!!
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