Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Team Lease Services provides employment related services. It provides solutions for staffing, recruitment, training, payroll processing and regulatory compliance.
Market Cap ₹ 5,371 Cr. Current Price ₹ 3,195S tock P/E 50.4
ROCE 13.9 % ROE 14.4 % Debt to equity ...
SECTOR: IT - Hardware
Tejas Networks manufactures wireless and wireless networking products for telecommunications service providers, internet service providers, utilities, defence and government entities in over 75 countries. Part of the Tata Group, Tejas' majority shareholder is Panatone Finvest, a subsidiary of Tata Sons.
TEAMLEASE - Breakout in Daily timeframe after 1 year. The stock is coming back for a retest of the breakout zone. I see a handsome risk-reward.
The company has decent fundamentals and good sales.
POSITIONAL TRADE
LTP 2642 ( White Marked Level )
Add on Dips ( Yellow Marked Levels )
Targets ( Blue Marked Levels )
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Regards,
Naresh G
SEBI Reg. RA
Stock has bounced from strong support trendline.
Today, stock has taken rejection from strong resistance of 3200.
Possibly, we might see a small correction before next big upmove.
Trade can be initiated only if stock is available at levels given in chart.
TEAMLEASE SERVIES. LONG-TERM INVESTMENT OPPORTUNITY
Hello traders!
key points:
🎯The price crossed its weekly resistance level.
🎯A bullish crossover has formed on the MACD oscillator, and the Rsi indicator is above 50.
🎯Volume is also increasing, there is a strong possibility that the price is ready to move higher.
Major Level:
Support Price Level -...
The stock, which has consistently increased its revenue and profits, is currently trading at a 55% discount from its all-time high (ATH) and is in close proximity to its 200-day moving average (MA). It has experienced four instances of trading within the range of 2390 to 3120, showing signs of making new higher highs (HH) and higher lows (HL).
Target - 3114
Team lease
On monthly and weekly tf it is looking for long term. It is break the weekly resistance and now also give the pullback so here risk to reward is very good for long
