Breakout Stock Titagarh Rail systems limitedStrong Uptrend seen on chart.
Huge volume spurt seen on chart.
Company has delivered good profit growth of 23.6% CAGR over last 5 years.
Debt to Equity - 0.26
TITAGARH trade ideas
TITAGARH1 breaking flag pole
2. recent Fibonacci should break at 797 on a daily basis
3. buy above 800
TWL# Multiyear breakout # Monthly chart # Long term targets 280/350. Weak below 148 . Accumulate Between the range of 180-200.
Titagarh is potential buyChart shows potential breakout !!!!
Not certified analyst, invest at own risk.
Titagarh Wagons: reversal stockTitagarh wagons is a potential reversal stock. Keep it on your radar!!!
twlSteel Authority Of India Ltd. , Bharat Forge Ltd. & Ramkrishna Forgings Ltd. in Partnership with $Titagarh Wagons Ltd. are in the race to manufacture forged wheels for Vande Bharat trains, LHB coaches & Locomotives in the country, to reduce dependence on import of wheels.
In September last year the govt had floated a tender for these wheels to be used in high speed & semi high speed trains.
Currently these wheels are majorly imported from China. Now according to Industry participants these wheels are manufactured only by Railways for captive consumption, but still the demand is huge & the supply is short globally. Thus to meet the domestic requirement the Industry players have to import. Some also say that the price & quality of Chinese players cant be met by Indian players thus import is a cheaper option.
Thus it remains to be seen if India can maintain the same standard then it can also export in huge quantities as $Titagarh Wagons Ltd. not only gets domestic orders but also possesses Export orders which are currently less compared to domestic but it has plans to increase its exports.
Thus if everything goes fine it can be a game changing business for these companies as global market & requirement is huge
Buy Titagarh Wagons LimitedBuy Titagarh Wagons Limited (NSE:TWL)
Buy Range- 180 - 185
Target- 200 - 205
StopLoss- below 170
Potential Return- 10-12%
Approx trade duration 10-12 days
Long term investmentTWL for long term investment. All time high breakout and entered into uncharted territory.
TWL - Inverted H&S pattern TWL - Inverted H&S pattern on monthly time frame!!
Entry - Above 190 monthly close
TWL retesting its breakout levelTWL has recently given a volume breakout from trendline and a strong supply zone and also crossed its 52 week high of 124.
It is now retesting the earlier resistance which can now act as a support.
One can take add at current market price or wait for a breakout of today's high, mostly above 128.
It can give a good move if it manages to sustain above 118-119 levels
TITAGARH WAGONS DIAMOND PATTERN SHORTTitagarh Wagons Successfully broke the Diamond pattern is currently in retest it mat fall in a downward trending pattern most probably the target would be 63-68
Buy Long TWL at 112/113 for target of 151, SL-106,NSE:TWL Inverted Head & shoulder pattern break out with high volume. expected Returns-32%
Volume burst with increasing relative strengthIncreasing sales and EPS (2QMA) + nice volume + Increasing RS Line
titagarh wagon - bullishcup and handle formation
Insider Acquisition of 300,000 Equity Shares done at an average price of Rs. 89.4 was reported to the exchange on Dec. 31, 2021.
Company became net debt free on standalonebasis during the year and the Net Debt of Rs. 678 crore as at in the end of FY 21 appearing in the financial statements is ona consolidated basis.
TITAGARH WAGONS 97 RESISTANCE.Titagarh wagons is at a resistance levels of 97 on monthly CHARTS and on the way to form a U shaped rouding bottom pattern.
TWL -
Look at the historic movements post 100.
Currently the stock is facing resistance.
Expecting a decent upside.
titagarh wagonTitagarh Wagons, incorporated in 1997, is primarily engaged in the manufacturing of railway wagons. It is one of the leading private sector wagon manufacturers in India. The company has received certifications for its quality management such as ISO 9001: 2000 and BS EN ISO 9001:2000. The rating agency CRISIL has upgraded the rating of TWL from 'A 1' to 'A 1+' i.e. 'Positive'.
Currently, the company is engaged in manufacturing of railway wagons, bailey bridges, heavy earth moving and mining equipment, steel and SG iron castings of moderate to complex configuration. The company also manufactures products for the Indian defence establishment, such as special wagons, shelters and other engineering equipments.
In its initial year, the company started the development of the prototype of BOXN Wagon. Immediately next year the company was awarded an order from Indian Railway to manufacture BOXN and BCNA type wagons. In 2000 there was addition of new type of wagon i.e. BOBYN.
In the year 2001, Titagarh Wagons started its Bailey bridge division. The company started manufacturing of BOBRN type wagon. In 2002 the company despatched its first set of components of Bailey bridges.
Products
Wagon- The company manufactures range of wagons such as hopper wagon, covered wagon, open top wagon, container flat wagon, tank wagon, flat wagon and special purpose wagon.
Heavy Earth Moving and Mining Equipment- Under this the company manufactures hydraulic excavator and crawler mounted crane.
Foundry- Under this company manufactures bogies and couplers.
Rail Coach- Titagarh Wagons manufactures rail coaches for metro systems. It is planning to develop coaches for metro systems setting up at Mumbai, Hyderabad and Bangalore.
The company is also engaged in undertaking special projects such as developing Bailey bridges, other modular steel bridges and equipments for nuclear power and defence sector.
#TWL on the way to a HUGE BREAKOUTA bullish triangle formed on weekly chart which is going to breakout and its going to be huge provided it gets support from the financial results that are expected.
