#RALLIS 288 TGT 525 #Investment #TataChem #TATASons #TATAMOTORSRALLIS 288
TGT 525
SL 224
RR ~4
Timeframe <8M
Return > 80%
Risk < 25%
NSE:RALLIS
Buy Recommended
Can hold for long term
Shared with 💚
By Rachit Sethia
TINPLATE
TINPLATE S&R in 1 DTF!!!***Simple Support & Resistance Pattern!
Note: Only enter after crossing the Blue Line is my suggestion to all, happy trading mates.
#TINPLATE #TATAMETALI #HINDCOPPER #TATASTEEL #JSWSTEEL #HINDALCO#TINPLATE
NSE:TINPLATE
CMP: 352.10
TP: 400
SL: 328
TF: <6m
RR > ~2 times
Return > ~13%
TINPLATE TATAMETALI
SAIL
HINDCOPPER HINDZINC NIFTYMETAL TATASTEEL CNXMETAL HINDALCO JSWSTEEL NATIONALUM JINDALSAW JINDALSTEL
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
Possible Cup & Handle pattern and can go long In weekly timeframe, Tinplate formed possible Cup& handle pattern from 2018.
So, as per my view in next couple of months it can go till 450 and if pattern breakout then it can go till 800 next 9-12 months.
Next few weeks would be key to understand pattern depth or deviation if any.
Note: This is just educational purpose and not for recommendations at all.
Buy TINPLATEHigh Probability Trade
Timeframe Used:
Weekly
Trade Frame:
Few Weeks/Months
Why Buy ?
-> Simple Price Action, Price making HH-HL.
-> After reaching ATH, price retraced from 50% Fib levels and has given a nice breakout with Volumes
-> Nice CUP breakout on longer TF
For Swing:
Buy Above: 325
Stop Loss: 280
(Weekly Closing Basis)
Targets: 345, 375, 400 ++
Trail your SL above 350
For Midterm:
Buy Above: 325
Stop Loss: 250
Add More around 300 levels, add at every dip till 280
Ride this stock for long !!
Tinplate - Weekly Rounding bottomThe weekly chart of tinplate shows a nice rounding bottom pattern completion and breakout above 324.
View invalid if closes below 260.
Only for educational purposes, not a buy/sell recommendation.
tinplate is looking bullishon weekly chart #tinplate is looking very bullish with target of 540 after breaking previous high 325 NSE:TINPLATE
R-0087 Short Term Buy TINPLATE @147.15-148.15 SL 143.4 TGT 157Short Term Cash Buy TINPLATE @147.15-148.15 SL 143.4 TGT 157
TK cross over and above VWAP but MACD is bearish but I still expect it to go long.
Long TinplateFirst swing high after RSI crossed above 30. Stop as shown, manage using trailing stop.
