TALBROAUTO - Long Setup, Move is ON.NSE:TALBROAUTO
✅ #TALBROAUTO trading above Resistance of 970
✅ Next Resistance is at 1184
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Talbros
TALBROS AUTO READY FOR HIGHER UPSIDE TALBROS AUTO READY FOR HIGHER UPSIDE :
52 weeks of sideways looks ready to be broken for the better !! tight PA on the right side signals chances of a BO are higher with the volume to coming to a standstill ( so to say )
CMP - 551
Resistance - 570
Target - 630
SL - 535
TALBROSTALBROS have taken a sharp jump in recent 3months, precisely from December 2021 where it gave a breakout after 4 years at the levels of 355-360. Thereafter it had touched 658 recently and now retracing back to it's breakout levels when it touched 413 in last week. At cmp 460, one could keep it in watchlist and any further retracement towards 365-390 zone, one can look to add it in the portfolio.
Talbros Auto: Another 31% upside targetDate: 17 Jan 2020
Talbros Auto shows another flag pattern with potential upside target of 31%.
Target and SL is given in the chart.
Note: This view is only for educational purpose. Please trade at your own risk and consult your financial advisor before buying or selling the stock.
Talbros Auto- Cup n Handle breakout on weekly chartsWeekly close abv 360 to trigger a much bigger rally for time frame 1-3 months. Min tgt size of handle 360+(360-240)=480. MAx tgt size of cup 360+(360-60)=660(time frame can be 2-4 mth). Keep a Stop below 300 DCB.
Entry only on WCB abv 360 as markets are too volatile.
Tranch 1 buying >360 WCB
Tranch 2 buying on DCB>480
As on daily charts ADX is missing, so buy gradually
Mayank