Transport Corporation of India..longThe stock has given a large up move after a good result. RSi is above 65. So expect more uptrend. See chart for targets.
TCI trade ideas
TCI - Breakout ViewTCI :
Good Trendline breakout observed
Closed above resistance
Long above 790 with support at 774
TCINSE:TCI
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Symmetrical Triangle Breakout in TCIStock has broken its previous resistance and has closed above its previous swing high of 768.
In case stock is coming for retest, Immediate support can be found at 755-745 levels.
For further upside movement, stock has to close above 785.
Stop loss can be placed at 730 for risk averse and for risk takers, SL can be 690.
Overall analysis is given in the chart
This is just a view, not recommendation to trade. Do your own analysis before taking any trade.
Share your opinion in the comment section.
NSE:TCI
TCI = Symmetrical TriangleSymmetrical Triangle Pattern
Keep in Radar for breakout
Can go as high as 1000
Trail SL
TCI - HAMMER12.02.2022
TCI - HAMMER
We look a hammer pattern in the TCI forming at the support zone. We may see a upward movement in the said script.
CMP - 672
Target - 695,730,775
Sl - 630
TCI Express Ltd BUY SETUPTCI Express Ltd BUY SETUP : Pivot Breakout with high volume, with strong fundamentals.
TCI TARGET UPDATE 25-1-2022Look fresh in range 650-695 for upside 830 / 1000 / 1200 med to long term with SL 565..!!!
TCI Cup PatternTCI is making Cup pattern on 1 DTF and gave a good breakout yesterday and today closed above neckline.
Look for 1 bullish candle to go long.
Only for educational purpose, Not a recommendation.
Chart Analysis of TCI (11 Jan 2022)Rounding bottom pattern formation.
Breakout soon candidate. Today gave ATH closing
Target : 980
SL : 785
Only for educational purpose. Not a recommendation.
TCI Cmp 795 dated 8-1-2022TCI Cmp 795 dated 8-1-2022
1. Flag Pattern on chart BO @ 750
2. Triangle Pattern BO @ 800
Buy for a tgt of 880-940 SL 750
Is is just a view, pls trade at your own risk.
Watch out for TCI breakout Repetitive patterns of breakout with volumes and consolidation with low volumes. Levels mentioned in chart. Follow strict risk management.
TRANSPORT CORPORATION INDIA MAKING MAKING C&H PATTERN - BULLISHNSE:TCI is making CUP & HANDLE pattern and now about to give a brekout from 800 , RSI also at very good level. A swing as well as Intraday opportunity can be found on breach of 800- 804 you can trade for Intraday with RR = 1:2 with SL at low of previous day's candle. Or you can add this scrip for Swing trade with a retest from support after breakout.
Cup and handle breakout possibleCup and handle breakout possible,
Looks good for uncharted territory
Near all time high, good base formationGood Accumulation Phase
Near all time high
Upmove may continue
FOR LEARNING PURPOSE ONLYHello Traders
The Stock Is Looking Good For Upmove As It Has Given A Breakout From It's Current Resistance Zone 🚀🚀.
Volume Has Also Increased 🚀🚀.
So Traders Keep This On Your Radar 👀
As This Can Give Good Return In Short Term As Well.
Thank You 🙏
How to profit from High tight flag pattern
The high tight flag chart pattern is an extremely bullish formation.
It is formed once a stock rises sharply by 50-100% within a few weeks or 1-3 months.
After that stock pullback is small i.e. 25-30%
In the next step the price tightens up i.e. small candles or less volatility in the price
Finally, the stock breaks out with heavy volume
The stop can be low on that day. Once the stock breaks out trail your stop loss to 10-20 SMA.
This setup can be highly profitable for the traders.
I found this setup for TCI and it worked as expected.
Hope you like it.
Transport Corporation Of India bullishHeld up good in corrective market.Gave breakout above previous high with high volume.
Momentum candidate1. Price has given a breakout on closing basis
2. RS positive, uptrending and close to high
3. RSI uptrending, nearing 70
TCIThis chart is only educational purpose
Disclimer :
please contact your financial advisor before taking any investment....
don't loose your heard earned money
TRANSPORT CORPORATION OF INDIA DAILY CHART ANALYSIS ON 16.12.21posted yesterday for TRANSPORT CORPORATION OF INDIA above 750 for a target 770 level and today the stock made a high 774 and closing at 758 level. Hope all had a profitable trading today.
