finnova_

TFCILTD watch for breakout

לונג
finnova_ מעודכן   
NSE:TFCILTD   TOURISM FIN CORP
Tourism Finance Corporation of India Ltd provides financial assistance to the tourism sector comprising hotels, resorts, restaurants, food courts, amusement parks, ropeways, multiplexes, etc
You can make an entry with R:R :: 1:4.
I am expecting TFCILTD to go bullish.

Reason:
  1. Bullish Flag and POLE breakout to the upside.
  2. Taking support at the VWAP indicates a good sign to enter.
  3. RSI crossing 60 to upside shows good bullishness.
  4. Successful breakout after six months.
  5. High volume is traded on the last day, which shows a lot of interest in stock buying.
  6. Price > EMAs show bulls are more powerful than bears. We can make an entry.
  7. Taking successful support at 200 EMA with good buying interest(volume spike)

Verdict: Strong Bullish

Plan of action:
BUY: 350
Stoploss: 327
Target: 400
Trailing SL: 10 or VWAP or logical
הערה:
That is from templete... I have corrected the Plan of action pls check this

Plan of action:
BUY: 194.70
Stoploss: 179
Target: 258
Trailing SL: 10 or VWAP or logical

Finnova
Where Finance meets Innovation
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.