📉 TTML | Squeezing into Decision Zone 📌
TTML has been coiling into a descending triangle on the weekly timeframe after its parabolic rally. A decisive move is on the horizon. ⚠️
🔻 Multiple lower highs
🔸 Horizontal support around ₹50–65
🔍 Tight range = pressure building
Fundamentals? Not great — but that never stopped momentum traders. ⚡
🧾 Sales have been steadily growing YoY, despite EPS losses.
🧠 Break below ₹50 = caution
🚀 Breakout above ₹95+ = momentum play back on table
TTML has been coiling into a descending triangle on the weekly timeframe after its parabolic rally. A decisive move is on the horizon. ⚠️
🔻 Multiple lower highs
🔸 Horizontal support around ₹50–65
🔍 Tight range = pressure building
Fundamentals? Not great — but that never stopped momentum traders. ⚡
🧾 Sales have been steadily growing YoY, despite EPS losses.
🧠 Break below ₹50 = caution
🚀 Breakout above ₹95+ = momentum play back on table
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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.
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.