Tube investment may bounce back from the golden ratio. Trendline breakout and previous swing breakout is successful so chance of giving an up move is high. Keep an eye on it.
Tube Investment of Investment Ltd. is one of India’s leading manufacturers of a wide range of products for major industries such as Automotive, Railway, Construction, Mining, Agriculture, etc. The Company’s 3 main verticals are Engineering, Metal Formed Products and Bicycles. In line with its growth strategies, the Company has forayed into TMT bars and Truck Body...
Double bottom breakout has been done on TIINDIA and currently i'm waiting for the retest at the neckline before taking any long positions.
Expected targets are :
TP1 - 2900
TP2 - 2950
FII's One of the favourite stock is getting reversal from trendline.
Specific levels:
Support: 3130 CL (Closing Level)
Resistance: 3370 MP (Market Price)
Disclaimer:
📌I am not a SEBI registered research analyst. Stock market tradings are
subject to market risk.
📌I will NOT be Responsible for your PROFIT or LOSS.
📌Please consult your financial advisor before...
Tube Investments of India Ltd, the Cycle sector stock has given a bullish breakout from the symmetrical triangle and has also retested it which confirms the bullish breakout.
Entry can be taken at current market price.
Stop loss- 2673
Targets
1. 2830
2. 3020
Let me know in the comments section if you want me to analyse any other financial instrument....
📊 Script: TIINDIA (TUBE INVESTMENTS OF INDIA LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY MIDCAP / NIFTY AUTO / NIFTY 500
📊 Sector: Consumer Discretionary - Automobile and Auto Components
📊 Industry: Auto Components - Auto Components & Equipment's
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and going to give breakout...
TUBE INVESTMENT SHORT to Target 1800. A parabolic movement has to retrace before going up again, with no positive factor in the market, the downside probability is high.
TIINDIA NSE is bullish if 2000 holds. NEW LIFETIME High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco. Not Sebi Registered.
TIINDIA NSE is bullish if 2000 holds. Near LIFETIME High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco. Not Sebi Registered.
Weekly chart.
I am holding.
First time since Covid low it is breaking 200 average on Weekly.
Very crucial.
0.618 from 254 to 2025 is at 932
1353 is crucial.(.382 levels)
If does nor break then uptrend is on else possible double top.
