TCI has done a big move..37%..broke out of channel few days ago...whenever the stock has been going down especially in a channel and breaks out of the channel we should be attentive and watch...after consolidating for a couple of days it took off with BIG VOLUMES...that is when we enter..all levels marked
This chart is an example of triangular breakout. Such breakouts can give huge potential gains. In this chart the stock NSE:TCIEXP can move by 100 points. One must keep stop loss at 745. Target could be 800/825/860.
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Futures, stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of...
The stock is finally breaking out of a huge consolidation phase spanning over a year and now seems ready to now steam roll forward! More strength can be seen coming. As always maintain a SL in place to protect your capital!
