TBZ | Stable jewellery business with low marginTBZ | Stable jewellery business with low margin & not so weak fundamental,
Technically looks good for doubling
CMP : 126
TBZ trade ideas
Tribhovandas Bhimji Zaveri Limited - Breakout Setup, Move is ON.#TBZ trading above Resistance of 240
Next Resistance is at 475
Support is at 155
Here are previous charts:
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.
Tribhovandas Bhimji Zaveri Limited - Breakout Setup, Move is ON.#TBZ trading above Resistance of 155
Next Resistance is at 240
Support is at 115
Here are previous charts:
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.
Impulse underway.Stock has hit all time low during covid fall.Since then it has started an impulse which has so far sub-divided in three lower degree's,there by making 1-2(1-2(1-2)) structure.Reason for taking this price movement as an impulse is every retracement is followed by an advance of more than 161.8% extention of it's prior raise.
Hence currently we are in 3 of 3 of 3.Any retracement of 38% of the current raise from 93 level(june 2024) should be a buying opportunity.As price has sub-divided in 3 lower degree's stock has a potential of becoming multi beggar even from current level.Hence it can be accumulated on every retracement of 38%.
Current raise has from 93(jube 2024) has already achieved its wave 3 extension minimum target at 233.So if stock starts moving down from current levels(248 high) then one can look to buy it when price comes between 211-188 range.If stock continues to move higher then one should wait for retracement of 38% from the last high.
Disclaimer:This are just my views on the stock no position should solely be taken on its basis.
Tribhovandas Bhimji Zaveri Limited - Long Setup, Move is ON...#TBZ trading above Resistance of 125
Next Resistance is at 155
Support is at 102
Here are previous charts:
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.
TBZ - Weekly AnalysisIn the Weekly Chart of TBZ ,
we can see that, it has given very Big Cup & Handle breakout.
Let it retest the Trendline and then enter with SL and Targets.
Expected momentum is shown in chart.
TBZ - Ready for Upmove?monthly structure looks good for a good long bias
views for educational purposes only
Buy TBZ for a target of 150/200Buy TBZ for a target of 150 in 10 trading days, 200 in 6 months, ha taken support and given break out, can be added to portfolio
Daily Bullish Flag Breakout in TBZHi,
NSE:TBZ has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily and monthly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario I am expecting that the bullish momentum will continue.
Complete price projection like entry, stoploss and targets mentioned on the charts for educational purpose.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
TBZ analysis on 12 Jan 24TBZ analysis on 12 Jan 24
Stoploss 110 ( on closing basis)
Add small quantity now
Stocks breakout above 125-130 (after 2017)
If stock comes down and bounce back from 125
Then it will be retest breakout stock add more @ 125-130
Target - 150 - 165 - 180 - 200
If sustain above 200 then 220 - 240 - 270
Tribhovandas Bhimji Zaveri Limited - Long Setup, Move is ON...#TBZ trading above Resistance of 102
Next Resistance is at 125
Support is at 69
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.
TBZparallel channel break out is done however the rest of BO has not happened yet
look for the oppurtunity of retracement for best buy near BO 90
and it may try to test 190 level
TBZ --- can give 70% gains in coming months NSE:TBZ viewpoint
the stock has given good breakout on weekly time frame around 88 levels
cmp is 88
potential to give big 70% gains in coming months
this analysis is for knowledge sharing and educational purpose .
this post is not a buy or sell recommendation.
NSE:TBZ - Weekly Chart AnalysisAfter breaking out of down trendline with volume support it retested the levels and buying interest was seen at the retest levels. It can be considered as a low cheat entry.
Disclaimer: This is just an analysis. Trade on your own risk with proper position sizing.
Tribhovandas Bhimji Zaveri LtdTBZ - Ready to fly
Buy above 97 | Tgt 116 | sl 90
It is my view and trade your own analysis
Can 1.5X your investment Entry-115
SL-80
Target 1-150
Target 2-230
Target 3-300
Always do your own analysis before investing your hard earned money.
TBZ - 94-WEEK BASE BREAKOUTTBZ – Weekly Scale - is breaking out from a 94-week base on 2 times average volume, as of now. It has been out performing the CNX 500 since mid-May; and its momentum indicator, RSI, also has been in the bullish zone, above 60. The breakout can potentially take the stock to levels of around 160.
Only personal observation; No recommendation.
T BZ 1D 1WTRADING COMMUNITY
JOIN US ONLY IF YOU WANT PEACE AND PROFIT IN YOUR TRADING LIFE.
I am not a call provider, not SEBI approved person. All the charts and PnL here are for educational purposes. Consult a professional financial advisor before you invest.
TBZ BUY ABOVE 100TBZ looking bullish, support near 88, need to cross and sustain 100 to confirm breakout
Super Setup📌Super Setup 📊
✅Cup & Handle Pattern in Weekly TF
✅Flag & Poll in D tf
✅Spending time at major Resistance TL
Keep In your Watchlist🔜
trendline breakout in TBZmajor trendline break in weekly and monthly chart.
strong volume burst
supertrend green
