🚆 Texmaco Rail: Railway Momentum Reviving from Smart Base!

📊 Technical Structure: Trend Reversal in Progress Stock took support at 200-week EMA (~₹118) and built a strong base Recent weekly candle confirms breakout from sideways base (₹140–₹172 range) Still below the 50-week EMA (~₹203), offering reversal opportunity, not breakout chase 🔁 MACD Fresh Bullish Crossover MACD has turned positive after 6 months of bearish bias Signal crossover seen with histogram flipping to green First leg of reversal — good zone for swing accumulation 📍 AVWAP Observation AVWAP (not drawn here but implied): recent structure shows price recovering from VWAP-based supports post correction Likely mean-reversion rally toward ₹200–₹215 resistance 📈 Fundamental Snapshot Key player in the railway + defence infra segment Beneficiary of Govt Capex and Dedicated Freight Corridors Financials recovering; recent quarter showed YoY earnings growth Moderate debt; expansion visibility with budget allocation tailwinds 🔔 Conclusion: Texmaco shows signs of a bottom formation + MACD confirmation, supported by infra and rail sector revival. Short-term target ~₹200; medium-term potential if 50WEMA breaks.