Chart Check: Up 70% in a year! Momentum intact in this railway wagons maker

Chart Check: Up 70% in a year! Momentum intact in this railway wagons maker
By , ETMarkets.com
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Synopsis

The stock started its journey of higher highs and higher lows from above Rs 40 levels recorded in March 2021 to January 2022, where it witnessed some profit-booking.Titagarh Wagons slipped below the crucial 50 and 200-DMA in February 2022 on daily charts but quickly created a base above Rs 75 on 24 February after which it bounced back sharply to climb above Rs 100.

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