Short Term pick ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Key stats
Market capitalization
14.313BINR
Dividends yield (FY)
1.05%
Price to earnings Ratio (TTM)
25.40
Basic EPS (TTM)
41.30INR
About THANGAMAYIL JEWELL
ISIN
INE085J01014
Sector
Consumer Durables
Industry
Other Consumer Specialties
Website
thangamayil.com
Headquarters
Madurai
Employees
1.688K
Founded
2000
Thangamayil Jewellery Ltd. engages in the management and operation of jewelry stores. Its products include gold jewelry, diamond, and silver articles. It also offers a variety of ornaments like gold chains, necklaces, bangles, ear studs, nose rings, kasu malai, finger rings, and bracelets. The company was founded by N. Balusamy Chettiar in 2000 and is headquartered in Madurai, India.
Affordable Gold during Festive SeasonThangamayil Jewellery Ltd
Gold Chart is looking weak as attached below and I'm assuming that Gold would get even cheaper in days to come. Hence, I believe with this festive season being majorly Covid free, people may want to celebrate extravagantly after the low key past couple of years.
The only d
Short -Mid term on weekly time frameAs Stock given negative breakout after consolidation we can expect a pullback in this stock while considering 200-DMA ,Fibo levels and previous data stock is expected to take support in range 1030-1055 with Stop loss 1020 or 1000(psychological levels) for target of 1130 / 1160 / 1200.
ThangOn an hourly chart if we see a strong candle above this retracement line this can be a good bet,
SL will be 50 EMA on daily
RR 1:2
Short term performers: THANGAMAYLTaking Swing trades is not recommended in the bearish /falling markets. It is always a good idea to go with the momentum. Focus on changing portfolio everyday by taking BTST trades which lowers yours risk and maximises your returns.
ALWAYS GO WITH THE MOMENTUM, NEVER TRY TO CATCH A FALLING KNIFE.
THANGAMAYL Trend AnalysisTHANGAMAYL
1. wait to confirmation breakout be mentioned level
2. expect target
Diamond, Gems and Jewellery companiesCreated Custom index of Jewellery companies comprising by top 10 market cap. Sector looking in strength.
See all ideas
Income Statement
Balance Sheet
Cash Flow
Earnings
Next:—
0
Revenue
0