as told earlier closed the gap now targetting the next big red canel target at 1391 may take some days to achieve
will fill the gap first then to target the supply zone on upside lets see
An all time high closing on a weekly basis with volume support breaking the strong resistance. Disclaimer: This is just an analysis. Trade on your own risk with proper position sizing.
## Trade Details - Name of The Stock: ****Thangamayil Jewellery Ltd**** - Type of Trade: Momentum Investment or Positional Trade - Duration: More than 60 days - Entry Level: 1185.00 - Stop Loss: Initial 1020.00 (Trail accordingly) - Target: above 1550.00 --- ## Chart Details - Breakout with very high Volume -...
BREAKOUT level above 1360, stoploss today's low & keep tracking volume in this script
This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Thangamayil Jewellery Ltd Gold Chart is looking weak as attached below and I'm assuming that Gold would get even cheaper in days to come. Hence, I believe with this festive season being majorly Covid free, people may want to celebrate extravagantly after the low key past couple of years. The only drawback here is that Pledged percentage is 14.8 % Promoter...
As Stock given negative breakout after consolidation we can expect a pullback in this stock while considering 200-DMA ,Fibo levels and previous data stock is expected to take support in range 1030-1055 with Stop loss 1020 or 1000(psychological levels) for target of 1130 / 1160 / 1200.
On an hourly chart if we see a strong candle above this retracement line this can be a good bet, SL will be 50 EMA on daily RR 1:2
Taking Swing trades is not recommended in the bearish /falling markets. It is always a good idea to go with the momentum. Focus on changing portfolio everyday by taking BTST trades which lowers yours risk and maximises your returns. ALWAYS GO WITH THE MOMENTUM, NEVER TRY TO CATCH A FALLING KNIFE. Buy Today Sell Tomorrow (BTST) trades are the best in my opinion...
THANGAMAYL 1. wait to confirmation breakout be mentioned level 2. expect target
THANGAMAYL 1. wait to break resistance after entry 2. expect target level
BUY 1120-1125 TARGET 1155 SL 1060 -DKM SIR buy and hold as per your risk
This scrip has formed Triangle Pattern and expected to give breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
THANGAMAYL - WEEKLY Breakout with strong candle and good volume. Entry Retest Zone - 675 to 350 SL - 565 Target - As Per Fibonacci By - Rahul_Mathur