Verdict:
Bullish
Plan of action:
Enter once breakout is confirmed to upside.
BUY: 254
Stoploss: 235
Target: 317
Trailing SL: 5
For more analysis visit my youtube channel.
TILAKNAGAR INDUSTR (TI) is about to break to upside. rightnow it is completing flag and Pole pattern which is bullish.
All important levels have been marked at the chart.
Looking at the chart we can say if price break to upside there is a high probablity that stock will be reaching target 317.
For past few days volume is also quite good. if we enter stock at 254 we can achive the target with
Risk: Reward :: 1 : 3.5.
Reasons:
For more analysis visit my youtube channel.
Verdict:
Bullish
Plan of action:
Enter once breakout is confirmed to upside.
BUY: 254
Stoploss: 235
Target: 317
Trailing SL: 5
*****Disclaimer:*****
The information provided in this blog post is for informational purposes only. It is not intended as financial, investment, or trading advice. The author is not a licensed financial advisor or professional.
Trading and investing in financial markets carry inherent risks, and past performance is not indicative of future results. Readers should conduct their research, consider their risk tolerance, and consult with a qualified financial advisor before making any trading or investment decisions.
The author is not responsible for any financial losses or gains that may result from actions taken based on the information presented in this blog post. All trading and investment decisions are made at the reader’s own discretion and risk.
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