NSE:TCI is making CUP & HANDLE pattern and now about to give a brekout from 800 , RSI also at very good level. A swing as well as Intraday opportunity can be found on breach of 800- 804 you can trade for Intraday with RR = 1:2 with SL at low of previous day's candle. Or you can add this scrip for Swing trade with a retest from support after breakout.
Hello Traders
The Stock Is Looking Good For Upmove As It Has Given A Breakout From It's Current Resistance Zone 🚀🚀.
Volume Has Also Increased 🚀🚀.
So Traders Keep This On Your Radar 👀
As This Can Give Good Return In Short Term As Well.
Thank You 🙏
The high tight flag chart pattern is an extremely bullish formation.
It is formed once a stock rises sharply by 50-100% within a few weeks or 1-3 months.
After that stock pullback is small i.e. 25-30%
In the next step the price tightens up i.e. small candles or less volatility in the price
Finally, the stock breaks out with heavy volume
The stop can be...
This chart is only educational purpose
Disclimer :
please contact your financial advisor before taking any investment....
don't loose your heard earned money
posted 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.
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 as on daily chart analysis is in brief consolidation zone and stock above 750 level for a target 770 level. Resistance at 780 level.
Transport 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*
NSE: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.
