TI trade ideas
Time to invest in MANSION HOUSE.....**IT IS A LONGTERM IDEA**
Follow the FIVE rules below 👇
1) Book whole profit at TP if you want to freeup capital.
2)Stick to strict stoploss exit when hit.
3)Use supertrend indicator or monthly MA(Length is based on your appetite) and sell whole quantity when hit.
4)Wait as long as it hits TP 🎯.
5) Don't keep ur capital allocation not more than 10% of available cash.
**CHART IS SELF EXPLANATORY**
Trendline Resistance BreakoutPlease 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
HIDDEN💎Script name: Tilaknagar Industries
Cmp 137
Buy above 140
Safe buy above 145-150
Sl can be placed below 95
TGT 170-200+
Trail sl accordingly
POSITIVE FACTORS
Increased profitability over quarters
Increased FII Holdings subsequently
High ROE and ROCE
NEGATIVE FACTORS
High P/E ratio
Doubtful increase in profitability in the last quarter
Low book value
80% promoters holding pledge
Imp note: It can be bought once it break its all time high with good volume else can be avoided. I AM OUT of this stock but due to it's gaining momentum had to analyse the same here .
Note : It's my own view not any personal recommendation for the particular stock or entity to invest in. Do your own research and decide at your own risk.
TILAKNAR INDUSTRIES – Bullish BreakoutKey Points:
- Resistance Level breakout
- RSI @ 70 and Crossed RSI MA
- All EMA crossed and good potential of up-move
- Potential upside of 12% within short term
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.