THANGAMAYIL JEWELLThis stock has breakout recent ATH resistance TGT upto 2579 SL bellow 1348 and this analysis only for educational purpose
THANGAMAYL trade ideas
On verge of breakout From the last few sessions, stock gives quite a good move with volume.
Stock is fundamentally good and on technical seems ready to give a good move.
Happy trading :)
buy thangamayl @ 1040.10 currently trading around good demand levels can add more till 1020-1000 Target 1095/1145/1180/1220
THANGAMAYLNSE:THANGAMAYL
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THANGAMAYL (NSE) Thangamayil Jewellery Limited - Going to moon ?~Thangamayil Jewellery Limited is a jewellery company, which is involved in the gold and silver, and precious metals.
~The company is engaged in the business of gold jewellery, diamond and silver articles.
~The company offers its customers a range of ornaments across several product lines.
~ It primarily deals with four product lines: gold, silver, diamonds and platinum.
~The company's jewellery products include bangles, bracelets, rings, coins, articles, dinner sets, earrings, pendants, necklace, malai, silver anklets, silver jewellery and chains.
~The company conducts its business under the house name Thangamayil Jewellery. It also offers various savings schemes to its customers wishing to invest in gold jeweller for the long run.
~The company operates a chain of retail Jewellery showrooms across the Indian - state of Tamil Nadu. Its branches are located in Madurai, Rajapalayam, Ramnad, Udumalpet, Theni, Tuticorin, Cumbum, Palani, Villupuram, Sivakasi, Karaikudi and Eral, among others.
Successful Retest For Coming week this is my only pick, just look @ this Amazing chart self Explanatory consolidation & upmove Consolidation & again Start the Journey, Do Study, Happy trading :)
THANGAMAYLTrapping and consolidation
Earlier in the past months stock hasn't shown any huge movements but suddenly shows a good upside.
Indicate trapping and high volume breakout.
Currently in triangle formation showing upside with test levels of ALL TIME HIGH.
Bearish Harmonics in THANGAMYLStock has given good bull run and RSI indicating in overbought zone, we can short around 463 - 467 with SL of 475.1
