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varun_devadiga

Symmetrical Triangle Breakout in TCI

Long
TRANSPORT CORP OF (NSE:TCI)  
varun_devadiga  
NSE:TCI   TRANSPORT CORP OF
Support and Resistance Trend Lines Triangle LONG breakouttrading Symmetrical Triangle Bullish Patterns Trend Line Break
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supportandresistance trendline triangle long breakouttrading symmetricaltriangle bullish trendlinebreak
Stock has broken its previous resistance and has closed above its previous swing high of 768.

In case stock is coming for retest, Immediate support can be found at 755-745 levels.

For further upside movement, stock has to close above 785.

Stop loss can be placed at 730 for risk averse and for risk takers, SL can be 690.
Overall analysis is given in the chart

This is just a view, not recommendation to trade. Do your own analysis before taking any trade.

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TCI
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