SWING IDEA - TTKPRESTIGPrice Action made a retest @ 650 levels and MACD started making a Higher Low Pattern formation.
MACD has started forming a Higher Low Pattern indicating a good momentum upward from here.
Stock will have to keep maintaining closes above 650 levels as it has formed a good Support Zone as of now. Any closes below this level, could only take the stock to newer Lows.
Lets see if the Stock is all set to its next leg up.
TTKPRESTIG trade ideas
TTK Prestige Bear Cycle seems completedTTK Prestige looks immediate buy candidate with a small stoploss.
This seems from the chart that it has completed the ABC and a
retracement of .618 is already done. This is not a buy or sell
recommendation always ask your financial advisor before
Entering into any idea suggested.
Thank you.
TTKPRESTIGE Low Risk High Reward IdeaNSE:TTKPRESTIG has given a breakout above 683. It is the best opportunity to buy at 683-684 with stop loss of 671 (-12 Points) My expected upside target would be 699 (+15) & 715 (+35).
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
TTK PrestigeWhen Fibo retrace from 1050 levels it has broken 0.618 levels and closed above yesterday.
Now it has double bottom , Rectangle and cup breakout.
The cup breakout and box should give at least 50 Rs.
As seen from chart the green bars are much monger than red bars and respected all moving averages in falls.
Ideally i will enter 950 levels for 1050 target.
My other conformation is Elliot oscillator is green and black bar on for Stochastics.
How ever one issue.
Stock making high but oscillator not broke the previous high.
so i will enter only 50%
Consolidated Support & Resistance 1 WTF//TTK Prestige*It is a consolidated Support and Resistance as you all can see!
*Also marked the previous move of the Trend by forming the almost Identical Flag-Pattern.
*Broke both the 20 & 50 EMA's with a good bullish momentum, that made our stop-loss clear!
*i.e., the ideal S-L would be around the previous week Green Candle.
*Let the trend take a little retrace, then take the position after your own Analysis and Due Diligence
*The trend is bullish as of now but the momentum purely depends upon the next week's opening and close.
TTK PRESTIGE LIMITED ( EDUCATIONAL PURPOSE ONLY)Nothing guaranteed and Nothing over week
Invest or trade according to your loss bearing capacity
STOCK FOR EDUCATIONAL PURPOSE ONLY
TTK PRESTIGE LIMITED @ 11250 with target of 11500.CMP IS 11132.65
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR ONE OR TWO PERCENT BELOW 10000.
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis is for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
SHARE MARKET ANALYST
B.Sc. (MATHS & PHYSICS)
Trying to spread happiness and knowledge
Disclaimer: I AM NOT SEBI REGISTERED
TTK PRESTIGENSE:TTKPRESTIG
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Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action