As the economy grows, Logistics being the supportive services grows with it. TCI is showing signs of reversal and can expect a movement of 15% in the next 6 months
Flag and pole & flailing wadge
Risky can buy near 1380 or wait for trendline breakout
keep Sl 1240
Target is 1653/1887/2097/2290
You cand Hold tock for long term with trailing stop loss
oct 8
swing trade perfect symmetrical triangle long term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
when nifty turns bullish take trade
1. Ascending triangle pattern Formed On weekly charts
2. RSI divergence Observed.
3. Last 2 days price started moving.
4. One can enter with risk of 1370 S.L and target of
2000.
In my view the stock has potential upside
Macd divergence indicates also bullishness
Trendline Targets 8% to 10%
Recomended to use MTF for better reward
Happy trade...
TCI EXPRESS now close to monthly support area. The stock price has corrected handsomely from it's 2021 peak. The pink trend line was once acted as resestance for several times, now will act as support.
TCI EXPRESS now close to it's monthly support area. The stock has corrected handsomely from it's 2021peak. Now it is likely to take support in the pink coloured trend line, which was once acted as resestance for several times.
TCI EXPRESS after constantly forming lower low and lower high in weekly chart, just tries to stabilized at a critical support zone. This 1390-1415 is a make or break region for the stock. RSI is also in oversold position. Long tern buyers can consider partial buying if some kind of reversal is seen in the chart
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Look at the volumes. Every red bar has been clearly negated by a green bar.
Also, there was sufficient bull volume every time, while the stock was consolidating.
We have a breakout now. The trend should be bullish from here.
TCI EXPRESS WAS GOOD BULLISH WITH VOLUMES AND WENT UNDER CONSOLIDATION NOW IT HAS BREAK THE PENNANT SO LET SEE
TO GRAB SOME BUY OPPORTUNITY KEEP TRACKING IT
TCIEXPRESS is specialist and leader in Express distribution in India. Established in 1996,TCIEXPRESS has honed itself with advanced technology and deep domain-expertise to offer customised solutions for express delivery.
TCI Express Ltd. reported higher than expected Ebitda and profit after tax on the back of better than expected margins. Ebitda margins have...
TCI has done a big move..37%..broke out of channel few days ago...whenever the stock has been going down especially in a channel and breaks out of the channel we should be attentive and watch...after consolidating for a couple of days it took off with BIG VOLUMES...that is when we enter..all levels marked
