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MandeepSinghKohli
Mar 8, 2024 10:35 AM

Tata Investment Corporation Ltd - Breakout Setup, Move is ON... Long

TATA INVESTMENTNSE

Description

#TATAINVEST trading above Resistance of 8793
Next Resistance is at 10596
Support is at 6095

Here are previous charts:











Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.

Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Comments
shrutisachdeva1984
Can we do fresh buying at 7500?
MandeepSinghKohli
@shrutisachdeva1984, Near term resistance is 7762 and support is 6095 so risk/reward is not favorable. Thanks.
scarletsiva
hi sir . how do you find the resistance zones?
MandeepSinghKohli
@scarletsiva Hi, I use a combination of my calculations and fibonacci levels to find resistance and support. Thanks.
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