#TARMAT #breakoutstock #breakouttrading #Trendline #vcppattern
TARMAT : Weekly (1-3 Months)
>> Breakout stock
>> VCP pattern Visible
>> Trending Stock
>> Instituional Buying seen
>> Good Strength & Volume
>> Low Risk High Reward Trade
Swing Traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from...
Stock Name - Tarmat Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 80
#This is not Buy and Sell recommendation to any one. This is for education purpose...
Stock Name - Tarmat Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 72
#This is not Buy and Sell recommendation to any one. This is for education purpose...
The stock took support at 0.5 Fibonacci Retracement which is a good sign for a reversal.
Travelling in the downward channel , I expect it to breakout in September.
There has been a good accumulation in July as well.
MACD line bend upwards also is in sweet spot for the crossover when it rises.
