Hello Traders!
Tantia Construction is bullish for 600% approx. and soon it may break the trendline. We can take entry after the price breaks the trendline ,that will be confirmation for this trade. Have to wait till the current weekly candle close. Target is huge as mentioned that is more than 600%. Stock has been consolidating since February above and close to the 50 ma. If it breaks the trendline it can gain super momentum with UC, that can be seen in daily chart after breakout. Entry will be valid only after proper breakout.
Stop loss will be strictly below 11 weekly candle close. For more insight refer to the chart. If anyone has any query regarding this analysis can ask me in the comment box.
DISCLAIMER: All my posts regarding any analysis is only for educational purposes and should not be considered as trading recommendations.
Tantia Construction is bullish for 600% approx. and soon it may break the trendline. We can take entry after the price breaks the trendline ,that will be confirmation for this trade. Have to wait till the current weekly candle close. Target is huge as mentioned that is more than 600%. Stock has been consolidating since February above and close to the 50 ma. If it breaks the trendline it can gain super momentum with UC, that can be seen in daily chart after breakout. Entry will be valid only after proper breakout.
Stop loss will be strictly below 11 weekly candle close. For more insight refer to the chart. If anyone has any query regarding this analysis can ask me in the comment box.
DISCLAIMER: All my posts regarding any analysis is only for educational purposes and should not be considered as trading recommendations.