Here we can see a Swing Trade in NSE:THOMASCOOK Buy NSE:THOMASCOOK CMP 192 TP 122 SL 169 Thomas Cook (India) Ltd. is a holding company, which engages in the provision of travel and travel related financial services. It offers foreign exchange, corporate travel, MICE, leisure travel, insurance, visa and passport services, and e-business. It operates...
Nice cup & handle Breakout with volumes . performing well in a choppy market on Budget Day
Buy Thomas Cook @ CMP for the Target of 212-363 SL 120 Strategy : SBO + RSI > 60 + EMA above 20 & 50 Duration few Weeks
Technically in a good position Made an ascending traingle Waiting for a big break Afrer a short term dip selling pressure Reduced and buyers stepped in. Turnaround story.. Travel Business is rcovering and growing on a good pace is positive factors. 165 next target Stop140. Risky bet..
THOMASCOOK based on technicals looks to give substantial returns.
Thomas Cook (India) Ltd NSE: THOMASCOOK Formed a massive 21 month Range bound price compression and is near 52 week high zone. Volume popup's visible. About to give a breakout. Prior Uptrend forms a bullish flag pattern in play.
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
Reason for long a) Consolidation breakout b) weekly breakout c) Renko long d) Daily qqe is short but weekly qqe is long d) Super trend in both weekly and daily is short: hence SL compulsory f) good risk reward zone
Reason for long a) breakout pull back zone b) good risk reward zone SL compulsory
📊 Script: THOMASCOOK (THOMAS COOK (INDIA) LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 📊 Sector: Consumer Services 📊 Industry: Tour Travel Related Services Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages may give crossover in next trading...
Thomas Cook formed Cup and handle pattern it will give breakout soon you can take trade for 1½weeks RR 1:1 Trade responsibaly you are the one responsible for loss and gain
Monthly Breakout, Looking good As D-W-M RSI above 60.
Stop Loss 47 Target 53 - 55 - 58 - 60-65-70 With Corona vaccination started and also summer comming, travel will be big. Poistional Trade
For long term accumulation near 28 or near fib level of 0.618 for intraday 4% risk and 1% of total investment SL Compulsory Purely technical Fundamental weak stock
Thomas cook long above 28 sl 24 TGT open Can be kept as an investment for long term
buy if support holds or breakout from the triangle Always #DYOR I AM NOT FINACIAL ADVISOR 🖖 🖖 🖖 🖖