The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
Take entry at 242 ( dont take entry below 242)
target 325
Next average at 115
Counter is ready to breakout of its life hig of 233 so wait for breakout and our entry.
This is the analysis of TIMETECHNO in Weekly Time Frame. Watch carefully. The chart explains itself. TIMETECHNO- Multiyear Breakout Candidate.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your...
Time techno has given breakout of Rounding Bottom pattern. I called it Bhramastra Pattern which never Fails. As per Technical final target after the breakout should be total dip of fall. Stock has given -86% dip in previous time so, now new target is coming ~ 500. Stock has given breakout with All time high Volume. Which is the main part of this chart.
#TIMETECHNO trading above Resistance of 232
Next Resistance is at 362
Support is at 161
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
#TIMETECHNO trading above Resistance of 187
Next Resistance is at 232
Support is at 152
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only....
Daily time frame volume buildup is good enough.
Forming cup and handle continuation pattern.
2018 high breakout successful but wait for retest for conformation.
Note: I do my analysis, do yours before trade.
TIME TECNOPLAST will be 10% UP from my perspective , Because its earning is good and now its consolidation face
Lets see what is next Move
Educational Purposes Only
Time TechnoPlast Strong Breakout
Bullish..
Great Volume..
Education Purpose Only... Please Consult Your Financial Adviser Before investing..
Please Maintain Strict Stoploss...
Book 70% at Target 1 and Rest Trail and Book at Target 2 ...
Don't Risk More than 1% or 2% of your capital in a single Trade..
After long consolidation.. it is finally breaking up ....can go way higher n higher... Hold for a year ...
Do your own analysis... For education purpose only...
Am not a sebi registered person...
It was a long consolidation... Now breaking out from previous Highs... Very very high on cards...
Pls do your own analysis... I am not a sebi registered... It's for education purpose only
TIMETECHNO - Weekly breakout and retest of breakout level after 4 years. The stock has been in a good bullish trend and has very good fundamentals.
I would keep a tight SL (155) and a 1:2 risk reward.
NSE:TIMETECHNO
✅ #TIMETECHNO trading above Resistance of 214
✅ Next Resistance is at 285
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
Time Techno rounding bottom & clean breakout above 195 levels.
Any re-test near 195-200 levels can be a good entry point & above 228 levels could lead this could run-up to 325 levels.
