Texmaco Rail , Patel Engineering – Medium Term Picks

texmaco Rail Blog


Texmaco Rail


-> One of the good plays in the Railways Sector.

-> We believe the stock can be an interesting bet with medium term view.

-> Technically the stock has consolidated well between 75-95 for last few months. Breakout above 95 with volumes will be a confirmation.

-> Accumulate at 87-94. Stoploss 82. Upside potential 140 in medium term and 105-110 n short term.



Patel Engineering


Patel Engineering

-> After a long time looking at the old heroes of 2007. We believe there could be a surprise rally in beaten down Real Estate and Construction names.

-> The risk-reward is favorable. Unitech has also jumped well on expected lines.

-> A nice falling triangle breakout on cards on sustaining 100 levels.

-> Buying zone 97-100 add on dips to 92 stoploss 87. Upside target 120/140. Keep booking partial profits to reduce risk.



Disclosure : Both the stocks have been recommended in Technical Traders Club . Please read the disclaimer and do your own research.



TECHNICAL ANALYSIS TRAINING SESSION – MUMBAI – November 15-16  – Pay as you want.

To register and confirm your participation you need to make a payment of Rs 2000 ( refundable if you do not like the course).


What does Pay as you Want mean ?

-> We have decided to keep 3-4 sessions in this financial year to benefit our old readers and participants interested in learning technical analysis.

-> Participants can pay as much as they want according to their assessment. ( If you do not like the course the Rs 2000 registration fee is also refundable).

-> The registration fee is kept so that only interested people register and there are no last minute cancellations.

-> The entries are on a first come first service basis with limited seats of 15-20 participants.

-> Further sessions will also be in Mumbai. If you want to have one in your home city do mail menooreshtech@analyseindia.com .

-> We are going to increase our prices for the training program in next financial year.( has been Rs 14000 since inception in 2006).

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.