THINKKINK Bullish Signals AND Trading Targets 📈 BSE:THINKINK THINKKINK PICTUREZ LIMITED Technical Analysis and Trading Recommendation 🎬
🔍 TKPL is trading on BSE at INR 83.78, near the crucial Fibonacci level of 0.5, and showing an upward trend 📈. The EMA and MA indicators have experienced a bullish crossover 🤝, signaling a possible short-term uptrend. The Parabolic SAR is also in favor of bulls 🐂, suggesting positive price momentum may continue.
🎯 Trading Recommendation:
Entry: Buy TKPL at or above INR 83.78 (current price) 💹
Target 1: INR 85.93 🎯
Target 2: INR 84.94 🎯
⚠️ Keep an eye on the stock for a breach of the Fibonacci level upwards before initiating a long position. Don't forget to place a stop-loss order below the recent swing low to protect your capital 💰.
❗️Disclaimers and Disclosures:
This message is for informational purposes only and is not investment advice or a recommendation to buy or sell any security. Past performance is not indicative of future results. Investing in securities carries risks, including the risk of loss of principal. Always conduct your own due diligence and consult with a professional financial advisor before making any investment decisions.
1-BUY
NEOGEN CHEMICALS RISKY TRADE NEOGEN CHEMICALS RISKY TRADE BREAKOUT RETRACEMENT DOJI FORMATION CAN GO FOR 1:2 AS SHOWN ION IMAGE WITH DOJI LOW AS SL,it is breakout trade with reversal candle + again reverse trade with cobnfirmation od doji high touching todays candle go for buy with 1:2 risk hai tjho ishk hai
TATAELXSI BUY (Positional Trade Idea)Name- TATAELXSI
Trading Style- Positional
Strategy- Trendline Breakout + Daily Closing
Timeframe- Daily Chart
Buy Above Breakout Candle High
Stoploss Below Breakout Candle Low
Target Should be 1:2
Note: All the details are provided on the chart itself
Check updates regularly regarding this trade idea
GAIL- Relative Strength says BUY!Attached: GAIL/ NIFTY 50 Daily Chart as of 12th April 2023
As you can see in the Attached Chart, there are 3 Bullish Signals hinting that the Ratio Chart is likely to Rally Up:
1) Cup and Handle Pattern Breakout (see Green Neckline)..... whose Target is still Pending as the Chart works its way up
2) Falling Wedge Breakout (see Wedge Blue lines)........ this is clear with today's Candle
3) Price (Ratio in this case) Moving Up within the confines of a Channel (see Black Channel)
The Upside Target is shown by the Green Arrow Mark Extending
Being a Relative Strength (Ratio Chart) the Signal we get from this says that GAIL is likely to Outperform Nifty 50 in the coming days/ few weeks