TVTODAY trade ideas
LOOKS GOOD FOR A SWING AND EVEN FOR LONG TERM!Stock gave a breakout a few weeks back and has been consolidating over the marubozu (breakout candle) from a decent time, has given a good weekly closing and the candle looks good, it has possibly bottomed out. Can go long with a stop-loss of 287 for the short term targets of 340 and 380.
TVTODAY Taking Support on 50 DMATVTODAY Taking Support on 50 DMA
It is a perfect level to buy the stock, if you are planning to hold for 10 to 20 days trading sessions
expecting fallA close below 295-94
can open script to touch its rates -
285 / 279 / 266
👉chart pattern observed - double top
👉trade based on double top neckline break
disclaimer - for study purpose only
TV Today - CMP: 330The stock has given Channel Breakout on the daily chart.ADX is indicating strength in the uptrend. We can expect price movement up to 355 in the near term.
BREAKING NEWS OF TVTODAYCHANNEL BREAKOUT IN TVTODAY ,BREAKING CHANNEL OF ALMOST A YEAR
ENTRY : ABOVE 335 A BIG MOVE EXPECTED (RISKY CAN TAKE ENTRY EVEN ON 320 ON ANY BULLISH INDICATION)
STOPLOSS :275 (PURELY ON CLOSING BASIS)
TARGETS : 347-350,400++
TIME FRAME - MAX 1 MONTH
FEW TRADE PARAMETERS :-
1. BREAKOUT
2. VOLUME
3. RSI ABOVE 70
stay long for next target 300has hit 52 week high on 11th feb
closed above 100 sma
three outside up candle formation on daily chart - bullish reversal
weekly adx above 30 - bullish trend
NEXT TARGET - 300
reference chart with entry level below
TVTODAY: Near 3Yr Resistance Breakout! 🔥 Volumes are⚡!Buy on each dip. The highest weekly volumes since April 18. An immense buying has been seen in terms of volume. This clearly is a distinction and confirmation to BUY.
Breakout on WEEKLY timeframeClear breakout on WEEKLY timeframe backed with
Volume.
Stock is expected to move higher
TVTODAY - Breakout TradeStock is approaching major resistance zone with huge volume.
Wait to price breach 200 EMA in Weekly TF.
Good to buy above 270 for the short -term target of 289.
TV Today testing and consolidatingAfter taking support on monthly scale it seems to be forming a Symmetrical Triangle + Inverse HnS around the down trendline.
Wait for breakouts !
TV Today Long with a close above the rectangle with targets of 216 and 230 in medium term. Accumulation and distribution going on currently.
TV TODAY NETWORKPrices broke out of the red channel as they weren't able to reach the upper tier. A retest is possible but needs a higher low.
watch for Trendline breakoutbuy above 235-236 in intraday or for swing
levels on chart
for swing confirm if it closes above tl.
