Transforming or Rectifying the Business ??

Hello All !! 

This is a Small post for Equity Lovers ... 

Today's Stock in Discussion is 

TRANSFORMERS AND RECTIFIERS INDIA LTD. 

The Stock Just got my attention due to Upper Circuit in Today's Trade... Here is the Chart .. 

This is a Weekly Chart, We can see clear Picture of Stock Coming out of Falling Trend and Moving above the Trendline comfortably. The Stock has also cleared a Strong Resistance around 9.54 it was a Breakout zone also. The Retesting of Breakout is also done. 

Now The Resistance is around 16.30 Currently Trading @ 11.55 

I am Not aware of the Fundamentals of this Stock as I have never tracked it, Got attracted due to the Chart Only. So it Will not be wise to say I am Very Confident in this Stock but Looking at the Chart I can say something might be improving and the Stock may see a Good move in coming months. We may see the stock delivering 100-200% returns over a period of Next 8-12 months. 

Trade wisely, do not take large positions and most important do not over trade.

Recommendation : 

Transformers and Rectifiers India Ltd. 

Buy @ 10-12 

Stoploss : 8 

Targets : 16 - 22 - 30 - 44 

Time frame : 8-12 Months (May be More) 

Check with your Financial Adviser before entering the Trade. It's Locked in upper Circuit today, so Buy when you get a Good Opportunity. No Need to jump in the Trade, It's not the Only Available Opportunity in Market !! 

Disclaimer : 

The Analyst Atul S Shinde is a Financial Analyst, Global Market Expert and Certified Investment Adviser working in Global as well as Domestic Markets since last 13 years. Having a Strong Hold and Client base across the World. 

The Adviser is not having any Positions in this Stock and the View is completely non biased. 

Trade without Leverage, Avoid Over Trading and Take Help of Financial Advisers for Trading. 

Those who wish to communicate with the Adviser here are the details of communication : 

WhatsApp : (+91) 8275 298 208
Email : service@planmymoney.in 

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