TCI Express looking set for solid up move, one can wait for better confirmation once the stock moves above 1440/-
The falling wedge with multiple touches on both the sides of the trendline making it ready for a violent move and most probably on the upside.
Aggressive trader can add at current market price as well with 100 points of SL.
TCI Express Technical Analysis:
1. Moving Average Analysis:
200 Days Moving Average (DMA): The fact that the stock has taken support at the 200 DMA suggests a potential bullish signal. If the current market price (CMP) is above the 200 DMA, it could indicate a positive trend.
2. Current Market Price (CMP):
The CMP of TCI Express is at 1414. If the stock is...
📊 Pattern: Descending Triangle
📌 Symbol/Asset: Tci Express Ltd
🔍 Description: Stock is available at the long term as well as at the pattern's support.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
![BIRLACORPN: Intraday Picks [12/02/2021] #2: watch for resistance breakout](https://s3.tradingview.com/v/VaqcDx7q_mid.png "Intraday Picks [12/02/2021] #2: watch for resistance breakout")
