TFCILTD
TFCILTD watch for breakout Tourism Finance Corporation of India Ltd provides financial assistance to the tourism sector comprising hotels, resorts, restaurants, food courts, amusement parks, ropeways, multiplexes, etc
You can make an entry with R:R :: 1:4.
I am expecting TFCILTD to go bullish.
Reason:
Bullish Flag and POLE breakout to the upside.
Taking support at the VWAP indicates a good sign to enter.
RSI crossing 60 to upside shows good bullishness.
Successful breakout after six months.
High volume is traded on the last day, which shows a lot of interest in stock buying.
Price > EMAs show bulls are more powerful than bears. We can make an entry.
Taking successful support at 200 EMA with good buying interest(volume spike)
Verdict: Strong Bullish
Plan of action:
BUY: 350
Stoploss: 327
Target: 400
Trailing SL: 10 or VWAP or logical
TFCILTD - Long Setup, Move is ON..NSE:TFCILTD
✅ #TFCILTD trading above Resistance of 176
✅ Next Resistance is at 266
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.
TFCILTD Ichimoku BreakoutStock Name - Tourism Finance Corporation Of India 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 113
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
I hope you all like my analysis.
Please do share your thoughts into comment section.
tfciltd break of trendline1. tfciltd broke the strong trendline
2.volume is good
3.formation of cup pattern
Recommended for btst trade with 2.5-3% return
TFCILTD AGAIN A REJECTION OR ROCKET OF INJECTION WHAT'S ON THE MOVE ? stock is in highlight from last 2 week and will be track for some move as movement is going to be very fast !!
Tourism Finance Corporation of India LimitedTFCILTD:- The stock has also given a breakout by forming a cup and handle pattern, the volumes are also seeing good, keep an eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
TFCILTD - Ichimoku Bullish Breakout Stock Name - Tourism Finance Corporation Of India 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 77
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Channel Breakout in TFCI From past one year stock has been trading in a channel. Finally it has broken from its previous resistance with significant volume.
At this price risk reward is not attractive. So, it is better to wait for retest near 71-68 levels.
Maintain strict stop loss at 58.
All possible targets are marked on the chart.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:TFCILTD
#TFCILTD CMP75.55 #Target 108.85 #ITDC #IRCTC #SBICARD #PFC #REC#TFCILTD
NSE: TFCILTD
Long Term Investment
CMP 75.55
Target : 108.85
SL : 67
Timeframe < 60 Days
Can hold for longer time
Factors:
Trend Following
Inverted Head & Shoulder Pattern.
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
