During the beginning phases of the pandemic, the business-to-business logistics market nearly halted. Supply chains were truly disturbed and new guidelines were quickly presented. On the other hand, the business to purchaser market has detonated similarly as with all shops shut, individuals in lockdown, went to the web to make their buys. Logistic organizations needed to rapidly quick track their development and advancement methodologies, while numerous immediately extended to a seven days per week activity, made huge interests in internet business, and individuals and resources needed to adapt to request.
In this scenario last week two fundamentally strong stocks, Transport Corporation India & VRL Logistic, are just above their their breakout level.May watch out to add your Portfolio.
Transport Corporation India (CMP: Rs.254.95)
TCI from low of March'20 following uptrend channel. recently stock strongly breakout
downtrend line from Aug'18 & horizontal resistance line at Rs. 252.55.Above current
market price , short term Target will be Rs.328 . Strong support Rs. 225 --215.
downtrend line from Aug'18 & horizontal resistance line at Rs. 252.55.Above current
market price , short term Target will be Rs.328 . Strong support Rs. 225 --215.
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