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...
Talbroauto at the verge of BO & going for a lifetime high above 700+. Keep the stock in your watch list. All important levels have been marked on the charts. This is for your educational purpose only.
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
TALBROS 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...
A good medium to long term play keeping the electronic vehicle scene in mind. A good breakout with small retracement candles. A good spot to enter keeping stoploss at 5-10%.
Date: 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.
A big breakout in Talbros Auto post the news of Dolly Khanna and Vijay Kedia buying into the script. Keep Stop loss at 420 and let's see the targets and where it ultimately consolidates. Can be a good medium term trade.
Weekly 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...
#talbrosauto
Talbros auto
Posted wonderful results.
On Daily charts, risky bet to enter at 260-270
Stop loss of 245
For long term any close above 350 will give big returns.
VERY GUD SOLID PATTERN OF DESCENDING TRIANGLE PATTERN SEEN
IF VOLUME WILL COME UPSIDE AFTER 118 NEXT TARGET 124, AND 128 IS NOT FAR AWAY
DOWNSIDE
108 IS GUD SUPPORT CAN BE SEN AGAIN ON BEARISH TREND
