-Bouncing from 100 EMA + bullish engulfing candle indicates a buy if it breaks previous day high. -Took the support at breakout wedge. -Making a Bullish Flag Buy Above 7280 Target of 7700 SL 6830
Sl as indicated for next few weeks
after 9 weeks of consolidation, the stock is trying to move up with good volumes
TTK Prestige good buy candidate for longer timeframe. The Diwali festive season could also provide a boom for this stock. Also technically looking very strong for more upside move.
TTK PRESTIGE - LTP 7796.45/-RS TREND TURNS TO NEGATIVE IF PRICE FALLS BELOW TO ITS SUPPORT LEVEL @ 7507/-RS EXIT
Support is at 5835. Resistance at 6400, if it is crossed then the next target will be 6950.
STRONG PATTERN FORMING ON CHART.............