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Deepak_dc93

WABAG buy signal at 183 , 24% move to be expected

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VA TECH WABAG LTD (NSE:WABAG)  
Deepak_dc93  
NSE:WABAG   VA TECH WABAG LTD
Trend Analysis Chart Patterns Beyond Technical Analysis Equity equitysignals equityanalysis equitytrading WABAG Technical Analysis stocktrading stocksignals
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I will go LONG on WABAG because:
1) The price is forming a Chanel or Rectangle Pattern .
3) The price is also under Support/Resistance zone.
4) It has touched the support and may reach the resistance zone .
5) Target would be the Resistance area . Book profit when it reaches the resistance zone .

Entry - 183
Target - 224/229
Stop loss - 170
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