TFCI limitedTFCI has given breakout of Rounding bottom pattern on weekly chart. Smart money has cornered supply of this stock on same level. Volume claimax trade setup intact and All next level are marked on chart.
TFCILTD trade ideas
Buy tfciltd for a target of 230Buy tfciltd for a target of 230 in 1 month.
Has taken support and reversed, can be held for 6 months to 1 year for target of 280+
TFCILTD watch for breakout Tourism Finance Corporation of India Ltd provides financial assistance to the tourism sector comprising hotels, resorts, restaurants, food courts, amusement parks, ropeways, multiplexes, etc
You can make an entry with R:R :: 1:4.
I am expecting TFCILTD to go bullish.
Reason:
Bullish Flag and POLE breakout to the upside.
Taking support at the VWAP indicates a good sign to enter.
RSI crossing 60 to upside shows good bullishness.
Successful breakout after six months.
High volume is traded on the last day, which shows a lot of interest in stock buying.
Price > EMAs show bulls are more powerful than bears. We can make an entry.
Taking successful support at 200 EMA with good buying interest(volume spike)
Verdict: Strong Bullish
Plan of action:
BUY: 350
Stoploss: 327
Target: 400
Trailing SL: 10 or VWAP or logical
Tourism Finance Ride the Bull (Study Purpose) Ride the Bull, Weekly Breakout and retest of breakout levels done.
moving towards FIB EXT 1.618 and beyond.
Solid Q3 results, GOI boost to tourism sector for the years to come.
Only negative is the 5% circuit filter which makes entry/exit little difficult.
minor resistances Rs225, Rs248
Buy on every dip
Rsi trendline support break in weekly is actual SL.
Daily chart SL is Rs190.
Disclaimer : Above scenario just for educational purpose and study of graphical movements as per available technical parameters derived by professionals. Be careful before investing and consult your advisor before making such decisions. I am not responsible for any mishaps or losses or gains. Not a registered sebi member.
Personally I'm invested.
Buy TFCI for medium termTFCI, 81, on verge of weekly breakout above 83 range. Above breakout we will see 105-120 range as technichal target. Invalid if falls below 75 range on weekly closing basis
Tourism Finance Corporation Simple Price Action Bullish3 Reasons Why NSE:TFCILTD can be a Swing Long trade.
1. Price is in Uptrend and creating continuous HHs and HLs on the chart.
2. Price has revisited the uptrend line and this can send the price up.
3. Last but not least, the Price is standing at a Bullish Trap Zone which should send the price up. Moreover, it will allow us to Plot Specific Entry, Stop-loss, and Target.
So, Entry at 202.95/- or CMP inside the level. Stop-loss at 175.75/- and Target at 260/-. This will make it a 2:1 RR trade and a 27.77% Return on Investment.
Disclaimer: Stock trading is inherently risky and you agree to assume full responsibility for the outcomes of all trading decisions that you make, including but not limited to loss of capital. None of the stock trading calls made by Prosenjit should be construed as an offer to buy or sell securities, nor advice to do so. All comments and posts made by Prosenjit are for information purposes only and under no circumstances should be used for actual trading.
TOURISM FIN Monthly breakoutAs the stock has given breakout monthly on monthly chart which is 2016 high, so high probability, the stock can move upto 350 to 400 zone shortly, technical point of view, MACD, RSI and moving averages are positive omin the stock, so one can look for 350 target, time frame 1 year.
TFCILTD - Long Setup, Move is ON..NSE:TFCILTD
✅ #TFCILTD trading above Resistance of 176
✅ Next Resistance is at 266
Related charts:
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 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.
TFCILTD (Multiyear Breakout Stock)Tourism Finance Corporation of India Ltd (TFCILTD) has given a multiyear breakout at 182 level. The stock can head over to 211, 266 in the coming 3 to 4 months. The level of 182 can act as support. Good volumes can be seen on the monthly chart.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
Cup and handle breakout- TFCCup and handle breakout with volume spurt
RSI above 70 and rising
Above EMA50
TFCILTD – Cup n Handle breakout – 12% upside potentialTFCILTD has given cup n handle pattern break out from 117-119 resistance levels.
Target: 140+
SL: Hourly candle close below 117
TFCILTDVolatility Contraction Pattern is popularized by Mark Minervini, who is a two times US Investing Champion. Last year he won the championship with a record-beating 300+% in the year. He primarily uses VCP for his trading setups. It is a twist on the ascending triangle pattern with some variation.
It has the following characteristics:
The Stock must be in stage 2 uptrend.
A period of price consolidation must take place in thebase.
Price consolidation occurs after a stock has moved up in the price, the consolidation (or correction) is a constructive chart pattern that allows the stock to digest the bullish price movement.
Price volatility must contract through the base (from left to right).
During this period of price consolidation the stock price will correct.
Price must correct through a series of smaller contractions.
Each contraction should be tighter than the last, representing the absorption of more weak holders. Ideally this pattern has between2-4 contractions.
TFCILTD --- moving towards 140-180NSE:TFCILTD
moving towards 140-180,
cmp is 105.40
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.
TFCILTD Ichimoku BreakoutStock Name - Tourism Finance Corporation Of India 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 113
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
I hope you all like my analysis.
Please do share your thoughts into comment section.
Continuation Pattern Breakout 📌Breakout in Progress
✅Keep in your Watchlist
#TFCILTD
- Continuation Pattern Breakout
- Validated with Volume
- Above Key EMAs
- Bullish RSI
Rounding Bottom Pattern📌Rounding Bottom Pattern
#TFCILTD
- Continuation pattern BO
- Supported with high volume
- Above Key EMAs
- bullish RSI
$NSE:TFCILTD TFCILTD is going to bullish
entry 1 : 86
*entry 2 : 95 (If you should wait the market will break the resisitence line)
TARGET 1 : 105
TARGET 2 : 123
TARGET 3 : 149
STOP LOSS : 67
TFCI TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Tourism fin corp TFCI Tourism fin corp ( TFCI). Keep eye on this stock. Add small qty at CMP:90.8 sl:75(wcb) and add more qty above 100 level. Target:110/135/155/175
TFCI Ltd. simple horizontal breakout.The stock has given a breakout and is sustaining above the breakout. One can add for quick 15-20% returns while keeping the stoploss breakout candle low.
