TOMCL taking off for 65% potential gains within next 3 months
The stock has recently made a divergence breaking 38.5 will trigger upside journey, however, keeping the SL at 31.7 , one can enter the trade with first TP of 45.6 which will be a gain of 18%.
The second TP of the trade is Rs. 52.65 (total gain from entry point will be 36.7%), however, it will be confirmed once HH of 47.7 is break out
If the HH is broken out, the final Target as per AB=CD pattern would be 61 which is around 58% upside from the entry price and ~65% if the trade is taken immediately with SL of 31.7
The second TP of the trade is Rs. 52.65 (total gain from entry point will be 36.7%), however, it will be confirmed once HH of 47.7 is break out
If the HH is broken out, the final Target as per AB=CD pattern would be 61 which is around 58% upside from the entry price and ~65% if the trade is taken immediately with SL of 31.7
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.