NSE:TI Support at CMP : 91 Resistance : 103 Closing Above : 103 may give good Upmove over a short period The stock gave breakout last month and consolidated.
TILAKNAGAR INDUSTRIES as per daily chart analysis has taken the support of the consolidation zone and once the stock above resistance 95 level then target 100 is achievable.
momemtum toward next resistance levels, long term up and handle formation, volume dry to accumulation
TI taking support over lower TL of the channel pattern. Looks good with a 1:3 risk-reward setup. Swing traders can plan risk and trade this.
* Rounding bottom breakout with high volume in weekly chart . # Self Explanatory Chart set up .
Breakout with good volume. Buying opportunity after retest.
Simple and clear. SL: 31.15 around.