Tilak Nagar Industries Ltd:Rs.58/-

Tilak nagar industries limited as can be seen in the chart above is in a consolidation range for the last two years and has been oscillating around 200 week EMA. it can be seen that the for the last two to three months the volumes are increasing and the price has moved above 200 week EMA. once the break out of the resistance line would confirm the same. The increase in volumes is clearly indicating that we might get a break out. Stop Loss:50/- so the margin of safety is very high.

M.MahidarSri

Trend is Friend

Enjoying Life.