TELE – LONG TRADE | 08 JULY 2025
Buy 1: Rs. 8.53 (Current Price)
Buy 2: Rs. 8.10
Target Prices:
TP1: Rs. 9.30
TP2: Rs. 10.00
SL (day closing): Below Rs. 7.70 | R:R: 1:5
TELE has been trading in a range since June 2023. It recently completed a spring pattern by briefly breaking below the range and marking a low of Rs. 5.40. The current reversal from this zone indicates a strong potential for an upward move, making this a high-probability Second Strike opportunity.
📌 Execution Strategy: Please buy in 3 parts within the buying range. Close at least 50% of your position at TP1 and trail the stop loss to protect profits in case of unforeseen market conditions.
📢 Disclaimer: Do not copy or redistribute signals without prior consent or proper credit to The Chart Alchemist (TCA).
✨ Kindly support our efforts by boosting and sharing this idea!
Buy 1: Rs. 8.53 (Current Price)
Buy 2: Rs. 8.10
Target Prices:
TP1: Rs. 9.30
TP2: Rs. 10.00
SL (day closing): Below Rs. 7.70 | R:R: 1:5
TELE has been trading in a range since June 2023. It recently completed a spring pattern by briefly breaking below the range and marking a low of Rs. 5.40. The current reversal from this zone indicates a strong potential for an upward move, making this a high-probability Second Strike opportunity.
📌 Execution Strategy: Please buy in 3 parts within the buying range. Close at least 50% of your position at TP1 and trail the stop loss to protect profits in case of unforeseen market conditions.
📢 Disclaimer: Do not copy or redistribute signals without prior consent or proper credit to The Chart Alchemist (TCA).
✨ Kindly support our efforts by boosting and sharing this idea!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.