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Moving up inside expanding channel

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NSE:TIINDIA   TUBE INVESTMENTS O
Tube investments is a solid company and a market leader in many manufacturing sectors..could see more upside..targets marked
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It has moved up 4% today ( earnings release today), chances are it might do more upside if broader market is steady... it has moved from 1125 to 1233 ( day high 1252)..think long term for this stock. It will be some time before it reaches the target marked..
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Up 3.8% today despite the fact that the broader market was not doing much...CMP -1281...touch 1300 and pulled back
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Another nice move up inside the channel...from 1125 to 1386 today...was 23% now it is 20.2%...
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Target 1 achieved, 1449( 1125 to 1449 - even if you had bought 25 shares and kept it right now you would be 8000 Rs + in profits)..it took 47 days...but as i mentioned in my Aug 13 update think long term for this stock. Anyway you can exit ( if at all you have any positions that is) or wait until it moves toward the next target.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.