biokon70

Tcns clothing bull harmonic

Long
biokon70 Updated   
NSE:TCNSBRANDS   TCNS CLOTHING CO L
Currently stock price look fair ( technical based)

Price make lower low but volume not support down.

And here complete harmonic+ volume support (350-325)

Also promoters add 31% stake

Current price look attractive to enter
Sl 325 below 1 day candle closed
TP 1 - 425
TP 2 - 500

Maybe this stock take time , hold period 1 year
If you do Swing exit at target 1

If you need Conformation & safe wait for break trend line .
Trade closed: target reached:
1st Target achieved, 438/440 is now heavy resistance price trading here
, 20 % around profit running, personally hold , maybe price consolidate or come down,
Then bought price is stoploss , or if stock breck 438/440 and sustaine then we will see more upside.
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.