Tata Invest: Breakout and Channeling Up

It is been observed on the daily chart that the price action is breaking out from a consolidation indicating a bullish move ahead. It is also observed that the price action is trending up in a channel, indicating upmove ahead.

Target 1: 670

Target 2: 690

Stoploss: 620
Trade active
Comment: In Good Momentum, moving up quickly. Regards
Trade active
Trade closed: target reached: Target 1 reached. Regards
Trade active: Now, look forward for Target 2. Regards
Trade closed: target reached: Target 2 reached successfully too. Regards
"Buy on dip strategy" good pick...
+1 Reply
@MrAkshatP, Yes, it shall work similarly in further price action. Thanks, Regards
can i enter now..@637
+1 Reply
@AIBH, Yes, you can, considering stoploss of 620. Regards

Please rectify me if wrong
+2 Reply
NeeteshJain VipinSharma
@VipinSharma, Yes, it is rightly marked by you and it should retrace back a bit before it crosses above 655 levels. 630 levels will a great buy on dip or buying at support zone. Regards
NeeteshJain NeeteshJain
@NeeteshJain, I would advise to buy on dips till it reaches to the target. Wish you the best. Regards
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out