TRANSRAILL has resistance weakening on the Daily charts and has given a breakout with good volume.
The target of this pattern signals an upside potential of ~10% from the current price level in the medium term.
The stock is trading above its 50- and 100-day simple moving averages (SMAs). The range is more than >2X, and the Volume is also >6X the average.
CMP- Rs. 727
Target Price- Rs.805( ~10% upside)
SL -859
Note- The breakout candle has gone up, extended, so be mindful of your position.
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
The target of this pattern signals an upside potential of ~10% from the current price level in the medium term.
The stock is trading above its 50- and 100-day simple moving averages (SMAs). The range is more than >2X, and the Volume is also >6X the average.
CMP- Rs. 727
Target Price- Rs.805( ~10% upside)
SL -859
Note- The breakout candle has gone up, extended, so be mindful of your position.
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
Trade active
SL is 659.Trade is ON.
I hope you all got the entry at a much lower price.
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.
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.