TIINDIA on the daily timeframe is forming a triangle pattern. Based on the Volume build up we have seen prior to this triangle formation and also how the price is currently consolidating above 3k level, I am expecting the stock to break to the upside.
As long as we do not close below 2970 on the daily closing basis, expect to see 3 targets
T1 - 3120
T2 - 3215 and
T3 - 3350
Stop loss - loss of 2970 on Daily closing basis
CMP is 3074. Risk is 96 points vs potential gain of ~(140 to 270 points)
As long as we do not close below 2970 on the daily closing basis, expect to see 3 targets
T1 - 3120
T2 - 3215 and
T3 - 3350
Stop loss - loss of 2970 on Daily closing basis
CMP is 3074. Risk is 96 points vs potential gain of ~(140 to 270 points)
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If you like my work and would like to appreciate, then give me a follow me on X (formerly Twitter)
x.com/adkis7
x.com/adkis7
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.