WEEKLY CHART #TIRUMALCHM NSE: TIRUMALCHM Long Term Investment CMP 145.35 Target : 214.80 (~45%) SL : 111 Timeframe < 90 Days Can hold for longer time might reach 400s
Factors: Rounding Bottom Pattern Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming.
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Hi @Rachit_Sethia - we are almost there.. wohoo... do you think it still has some steam left for long term??
Rachit_Sethia
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@mihir2021, Oh u are holding it?
I believe even if it slows down now, it will break higher than the target for sure.
Glad to see u responding here again. Good luck. 😀