Ttkprestige
BULLISH on TTKPRESTIGNSE:TTKPRESTIG
The prices have given a breakout from the consolidation pattern. It was an accumulation phase. The prices are trading above the moving averages which shows bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. This view is for 1 to 6 months. The Target and SL are given on charts. I will update about them in future.
Disclaimer : This is only my view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
A beautiful double bottom pattern on TTKPRESTIGOn daily charts of TTKPRESTIGE prices have formed a very subtle and beautiful double bottom pattern after short term downtrend . If we look at the weekly chart price has came to retest it's previous three times resistance level, which was broken last year around the same month and now suppose to act as support. On hourly charts, huge volume is visible when both the bottoms were being formed. Price is near it's neckline. Hourly close above the neckline (Rs.875) will be considered as a breakout of
TTK Prestige trading at Demand ZoneNSE:TTKPRESTIG
TTK Prestige is among the leading brands in the kitchen equipment space, especially in the pressure cooker segment. It is the No. 1 Brand in Pressure cookers, No. 1 Brand in Cookware, No. 1 Brand in Value-added Gas Stoves, No. 1 Brand in Induction Cooktops, India’s only company to offer the complete Induction Cooking solution and it is the No 1 Brand in Rice Cookers.
Fundamentals: -
1. The product profile is diversified, with 31% of the revenue coming from pressure cookers, 15
Breakout in TTK Prestige...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.
Target 1 (35%) achieved in TTK Prestige. Target 2 is ON...This is follow-up on TTK Prestige. Can check link to related ideas.
Target 1 achieved. More than 35%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing 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.
Intraday Trade: watch for resistance breakoutbuy above 9125 in intraday, keep Sl at 9050
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL b


















