Transformers And Rectifiers (India)532928Transformers, electrical equipment
Analyst Kunal Shah recommended accumulating Transformers and Rectifiers stock after good quarterly results and a pullback to the demand zone
By ScoutQuest · · 1 min read
- Current demand zone
- 313 to 315
- Support level
- 270
- Previous swing high
- 370
- Upside target
- 420
Heard on business television between 14:02:47 - 14:05:47 IST.
- Viewer M. Ahmed asked for a six-month view on Transformers and Rectifiers.
- Kunal Shah said the stock had a deep correction earlier, then rallied on good quarterly results with a gap-up opening.
- The stock has since returned to a demand zone around 313-315.
- He said it was a good time to accumulate, with support at 270 on the downside.
- On the upside, he expects a test of the previous swing high of 370, and a break above that could lead to 420.
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Source: Live TV News Channel · 27 Oct 2026
The call above is Kunal Shah, Sharekhan's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.