Thursday, 22 May 2014

TRF : A A TURN AROUND STORY IN THE MAKING

 

 WHAT A TURN AROUND

 

UPDATE 22/05/2014------ TRF  IS MOVING FROM CIRCUITS  TO CIRCUITS HIT 280 + REM WE TOLD TO BUY THIS STOCK AT 145-153 LEVELS ON MARCH 8  

 TRF – A long term technical  turnaround story happening.

 

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.
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