TELECARD breakout on daily chartsTELECARD is rising on daily charts, good chance for buying at current levels
TELE trade ideas
TELE SHORTSELL TRADETELE been in DOWNTREND since JAN 2025.
Recent up leg has been mostly due to across the board Bullish Sentiments because of improvement in Geo Political Environment.
Current Up Move is also just a healthy Pullback in overall Downtrend.
There's strong Bearish Breaker Block overhead current levels which will obstruct any upward movement.
🚨 TECHNICAL SHORT SELL CALL –TELE 🚨
🎯 SHORTSELL ZONE : 7.80-7.30
📈 TP1 : Rs. 6.60
📈 TP2 : Rs. 5.50
🛑 STOP LOSS: Above Rs. 8.30 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:5+
Caution:
Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
TELE Breakout: Bullish Momentum AheadThe chart shows a recent bullish breakout above a descending trendline, signaling a potential trend reversal after a prolonged downtrend. The price has moved above the resistance zone around 7 and is currently trading at 7.54. A projected bullish path is indicated with dotted red lines, targeting a future price of 10, suggesting investor optimism. The chart also outlines a risk management zone with a stop loss at 5.50, highlighting a favorable risk-reward ratio. This setup implies a bullish bias with potential consolidation around the 7.50–8.20 zone before any strong continuation upward. Expected final target towards 10 which is 42.86% gain from its entry point.
Monthly Closing above 7.50 - 7.60 will be very healthy!
Monthly Closing above 7.50 - 7.60
would be a very healthy sign.
We may then easily witness upside
towards 8.70 - 9.10 & then 10.50 - 11
Remember it is in a long consolidation
with Slowly moving in an Upward Channel.
TELE | Bullish Trend200-day EMA breakout and retest observed, expecting massive bullish rally on daily timeframe✅
Expected Target 9.35 in coming days🎯🚀
TELE LONG TRADETELE is rebounding from the bottom of long term channel after making a Spring below major support.
It is at perfect and least risky level of buy.
BUY1 7.5
BUY2 7.1
TP1 8.2
TP2 8.8
LONGTERM TP 10.7
SL 6.6
Currently at Important Support Level..
Currently at Important Support Level &
in Consolidation Zone.
If this area is sustained (6.60 - 7.30), we may
see an upside towards 8.25 - 8.35 & then 9+
On th flip side, 6.10 is a Very Important level that should
not break. else, the next support would be
around 4.80 - 4.90.
Tele - long positionsI have personally entered into Tele considering EMA 200 break out. Hopefully will be done today. Monthly trendline break out (hopefully it will survive). I belive 9.5 is first target. 2nd target is 11. This has potential to double itself in long term.
TELEC - PSX - Technical AnalysisOn Daily TF, since 16 Aug 2024 this SCRIPT is in Bear Run making Lower Highs (LH) and Lower Lows (LL). To get out of this Bear Run, price must cross previous LH i.e. 7.70; additionally, it must break the parallel channel upper resistance line.
Bollinger Band also suggests that price is already close to its upper-band, which is likely to drop down to its central line soon.
Therefore, there are two options to trade here:-
Option 1: Considering it will continue its Bear Run, technically correct Buy entry should be around 6.97 ~6.68 and Selling at 8.28 will fetch very good profits.
Option 2: Otherwise, considering that it will break the resistance and will go up in Bull Run, then buying at 7.75 and selling at 8.28 will fetch the positive results.
TELE, Descending TriangleDescending Triangle
Trendline retest
Shortsell @ CMP
SL on Trendline breakout
8.60 is the Initial ResistanceBeautifully Re-tested Breakout level around 7
Important to Sustain this Level for Upside
8.60 is the Initial Resistance and if Crossed &
Sustained, we may witness 9.30 - 9.50
