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...
it is also bounce from the trend line
Please 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
ASCENDING TRIANGLE BREAK OUT IN TTK PRESTIGE
Excellent Setup to Go Long
There 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
short below 6930 on closing basis
CCI D/W crosses 100 CCI M >100 Volume surge TGC with strength Easy rise till 8050.50
Pinbar 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
TTK Prestige CMP 7207 Target : 7250/7300/7350/7400+ Sl 7050