Defence Stocks Going Offensive :) - Taneja Aerospace
Taneja Aerospace which had a 16 year long Breakout on 3 Months has already crossed 3x from our recommended level of 194 reaching the high of 567
The chart looks very similar to REC Ltd which also had a similar 16 year BO and reached more than 3x Multi-bagger returns
Quarterly View:
As per the long term view and earlier patterns, 2 targets were given 605, 695
Short Term View:
On Daily Timeframe, price has formed a Beautiful Cup and Handle BO and blasted 20% UC today. The Handle side was formed @ Fib 0.618 retracement level and Fib 1.618 Target matches precisely with the C&H Target of 732
New Targets 606, 696, 730++. From 3x the price is now preparing itself to reach 4x level soon :) :) :)
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
The chart looks very similar to REC Ltd which also had a similar 16 year BO and reached more than 3x Multi-bagger returns
Quarterly View:
As per the long term view and earlier patterns, 2 targets were given 605, 695
Short Term View:
On Daily Timeframe, price has formed a Beautiful Cup and Handle BO and blasted 20% UC today. The Handle side was formed @ Fib 0.618 retracement level and Fib 1.618 Target matches precisely with the C&H Target of 732
New Targets 606, 696, 730++. From 3x the price is now preparing itself to reach 4x level soon :) :) :)
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
- Team Stocks-n-Trends
- Telegram: telegram.me/stocksntrends
- Telegram: telegram.me/stocksntrends
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
- Team Stocks-n-Trends
- Telegram: telegram.me/stocksntrends
- Telegram: telegram.me/stocksntrends
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.