TTK PRESTIGE LIMITED , BULLISH CHART AND NEW 52 WEEK HIGHSelf Explanatory Charts for Study Purpose..
Company Posted Excellent Results today..
TTKPRESTIG trade ideas
TTK Prestige, Breakout candidate.All logic explained on chart.
Base built in the range of 5300 to 5500
Expecting a breakout in coming weeks.
Not a trade recommendation, Please Do your own analysis.
better to have it in watchlistlook for proper entry . considering EOD is better
P.S : End Of the Day candle-EOD
Investment opportunity in TTK Prestige Accumulate : 5800 to 6045
SL : day close below 5520
Target : 7300+
Trade duration : 2 weeks to 6 months
TTK PRESTIGE - LONG
Potential Turnaround Stock - Positional Idea
TTK Prestige
LTP ~ INR 5984/-
Breakout At INR 6575/- Resistance At INR 7750/- Support At INR 5325/-
The stock from a technical standpoint is trading Above 3% to its 50DMA and comfortably placed above its 200DMA, around 10% above 200DMA.
50DSMA ~ 5774.40/- Trading above 50 Day SMA from 24th Dec 20
It needs to take support around the 50 DMA level to continue further upside move.
Stock is technically in a Mildly Bullish range
The technical trend has improved from Sideways on 24-Dec-20The stocks MACD and Bollinger Band technical factors are also Bullish
TTK PRESTIGE 1D chartPlease enter the trade once u get a proper breakout or reversal from the levels, Do not hesitate to contact me with any queries. Kindly support my views. Thanks
SHORT TERM TARGET FOR TTK PRESTIGEThere is a triple bottom pattern formation and now price is yet to give breakout ....
this is just for study purpose only don't trade on my views
#TTKPRESTIGPinbar broken with strength
Retraces from 61.8 levels
Crossed 38.2 fibo
CCI(M) crosses 100
CCI(all) > 100
TGC is aligned
Crossing 7431.2 is a must for target 8645
SL 6270
