Hi,
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...
TBZ 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
TBZ to breakout for 60 points
Cup with handle is formed
the lowest points is 20-21 and it retraced from there till 140, looking high to meet 220
lets see 11 nov 2023
Pryd2.0
#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....
#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...
parallel 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
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.
After 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.
TBZ – 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.
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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.
Dear Traders,
This Scrip is expected to give Resistance Breakout in the coming days as it lies at Resistance Zone. So traders Keep this scrip on your radar to catch the Momentum. Thanks to All 🙏🙏🙏
