Momentum candidate1. Price has given a breakout on closing basis
2. RS positive, uptrending and close to high
3. RSI uptrending, nearing 70
Trade ideas
TCIThis chart is only educational purpose
Disclimer :
please contact your financial advisor before taking any investment....
don't loose your heard earned money
TRANSPORT CORPORATION OF INDIA DAILY CHART ANALYSIS ON 16.12.21posted yesterday for TRANSPORT CORPORATION OF INDIA above 750 for a target 770 level and today the stock made a high 774 and closing at 758 level. Hope all had a profitable trading today.
Buy Today Sell Tomorrow: TCI for more than 3%HAVE A LOOK AT THE PAST PERFORMANCE ON THIS PAGE!
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
TRANSPORT CORPORATION OF INDIA DAILY CHART ANALYSIS ON 15.12.21TRANSPORT CORPORATION OF INDIA as on daily chart analysis is in brief consolidation zone and stock above 750 level for a target 770 level. Resistance at 780 level.
Short TCI Wave Pattern in TCI. Important support at 480. Stock may retrace to 480 levels in near future in a downward trend charting pattern.
Transport Corporation of India Daily Time Frame AnalysisTransport Corporation of India Daily Time Frame Analysis
Take entry around 480
Safe Stoploss : 450
Risky Stoploss : 430
1st Target : 510
2nd Target : 600
Expecting a good move of around
40-60%
*HIGH RISKY TRADE*
*Just my views not an investment advice*
TCINSE:TCI Tci was trading in a range, and breaking a monthly trendline and give successful breakout with good volume . ( I am not a Sebi registered it is just for eduactional purpose.
Breakout at Transport corporation of India. Good setup.The sideways move of the stock is about to come to an end. With formation of doji the stock has more positive bias indicating a breakout soon.
TCI Descending triangle BreakoutTCI has been trading in a small range since 3 months, it has formed a good base, i believe it can go far.
POSSIBLE BREAKOUT CANDIDATE!Above 441, it'd be a Boom Boom. Expect 500+ pretty soon. Wait for perfect entry.
Pole and flag pattern pole and plag pattern wait for breakout on either side
Then enter on retracement
TCI Bullish BiasSignificant accumulation has taken place over the period
Looks perfectly fine and will be soon moving up
SL 385
Target 495
TCI : Reversal possibleTCI
- Filtered from Strategy#2
- Reversal possible now
- Follow Strict SL on Closing basis.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
