TFCILTD near breakout?????????

Oct 27, 2022

TFCILTDTFCILTD

Time Frame – Weekly

Note – Sharing chart before weekly closed. So, wait for weekly closing.

Observations:-
* Trendline breakout and weekly 200 SMA breakout done with huge volume candle
* Price trading inside the high-volume mother candle (Range 76.70 – 60.05)
* Trading in symmetrical Triangle pattern breakout above 77
* Price may show some quick upside to break the multiple resistance

Resistance – 77 / 83.85 / 100 / 115 / 134.35 / 154.40 / 182.25

Support – Weekly 200 SMA & 60 (mother candle low) & 67-60 zone


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