Diwali Technical Pick 2024 : Buy Techno Electric & Engineering Company Ltd For Target Rs. 1350 - Nirmal Bang Ltd
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Techno Electric & Engineering Cmpany Ltd
* The Stock has been trading near 1 year upward trend line support zone i.e 1580 .
* The stock is in consolidation phase from last few months. While Stock has managed to sustain above 100 DMA from last 7-8 months.
* Stock is trading in uptrend channel and likely to continue while going ahead with good base being formed at 1400-1450 zone.
* Therefore, Investor can buy the stock at 1584 and on dips to Rs 1440 for a target of Rs 2200 with a strict stop loss placed below Rs 1350
Buy Techno Electric & Engineering Cmpany Ltd CMP 1584 Add On 1440 SL 2200 Target 1350
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