Cup pattern in Tanla
Stock of the Week: #Tanla
Entry Price: 985
SL: 844
Position Sizing: 26%
Reason: a. Cup formation on a weekly chart.
b. Bounced back from 50% retracement and manage to close just above 23.6% retracement on a weekly chart.
c. In a range of 10% all-time high.
Entry Price: 985
SL: 844
Position Sizing: 26%
Reason: a. Cup formation on a weekly chart.
b. Bounced back from 50% retracement and manage to close just above 23.6% retracement on a weekly chart.
c. In a range of 10% all-time high.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.