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TradeRyteStockz
Apr 18, 2024 1:41 AM

TITAGARH - Swing Trade Analysis - 18th April #stocks Long

TITAGARH RAIL SYSTEMS LTDNSE

Description

TITAGARH (1W TF) - Swing Trade Analysis given on 18th April, 2024

Pattern: FALLING WEDGE BREAKOUT
- Trendline Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress

#titagarh #indianrailways

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TITAGARH Update - 22nd April, 2024

✓ 7% Up in 3 Sessions

- Entry was at the demand zone marked out (visible on a daily time frame)
- Change of Polarity in process. i.e. resistance becoming support

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TITAGARH Update - 9th May, 2024

✓ 25% Up in 13 Sessions

- Target level achieved with strong breakout volumes
- Stock is showing strength in a downward market
- TSL is tight and just below my target level (on a daily time frame)

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