TILAK NAGAR INDUSTRY: Possible breakout candidate for 52 wk highTI Industry:
stocks is above 200 dema
stocks is above 50 dema
Volumes are building which indicates big players are adding up.
Level of 260-262 can act as a next level of resistance.
Can test 288-290 above that.
Fresh leg of rally above 292.
TI
#TI LONG INTRADAY TRADE SETUPGreetings Folks,
today i have prepared a setup of TI on NSE
the analysis is as follows-
- the price is trading in a very close vicinity to an important static resistance
- either the price will breakout at instant or take some time to gather some orders
- there is also some imbalance which needs to be filled, this will act as confirmation to our setup
don't play with fire, always use a predefined stoploss
TI - SHORTi see some technical reasons to short this stocks.
Risk is to short to defensive companies as telecoms.