NSE:TI
#TI gave an entry at 86.95 as shown in chart below
Has moved from 86.95 to 101 level
It is now trading above Resistance of 101
Next Resistance is at 125
Here is previous chart:
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...
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock...
Stock Name - Tilaknagar Industries 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 87
#This is not Buy and Sell recommendation to any one. This is for...
TILAKNAGAR INDUSTRIES as per daily chart analysis has taken the support of the consolidation zone and once the stock above resistance 95 level then target 100 is achievable.
