Transport Corporation of India (TCI) - Long Setup, Move is ON...#TCI trading above Resistance of 787
Next Resistance is at 1198
Support is at 724
Here is previous chart:
Chart is 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.
TCI
Breakout in Transport Corporation of India (TCI)...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
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.
TRANSPORT CORPORATION INDIA MAKING MAKING C&H PATTERN - BULLISHNSE:TCI is making CUP & HANDLE pattern and now about to give a brekout from 800 , RSI also at very good level. A swing as well as Intraday opportunity can be found on breach of 800- 804 you can trade for Intraday with RR = 1:2 with SL at low of previous day's candle. Or you can add this scrip for Swing trade with a retest from support after breakout.
Transport Corporation of India Daily Time Frame AnalysisTransport Corporation of India Daily Time Frame Analysis
Take entry around 480
Safe Stoploss : 450
Risky Stoploss : 430
1st Target : 510
2nd Target : 600
Expecting a good move of around
40-60%
*HIGH RISKY TRADE*
*Just my views not an investment advice*
TCI : Reversal possibleTCI
- Filtered from Strategy#2
- Reversal possible now
- Follow Strict SL on Closing basis.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
TCINote:
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