📈 TFCILTD — Breakout Setup | NSE | 1D Chart
Structure: Rounded bottom + breakout base
Key: Price > ₹308 resistance zone
📌 Levels
🎯 Trade Plan (RRR Focus)
⚠ Risk Rules
*📍 More such detailed trade plans & market notes are shared in my profile bio.*
#TTB #PriceAction #NSE #SwingTrading #Breakout
Structure: Rounded bottom + breakout base
Key: Price > ₹308 resistance zone
📌 Levels
- Resistance / Breakout Zone: ₹308–₹310
- Support: ₹286 | ₹267 | ₹212
🎯 Trade Plan (RRR Focus)
Bullish Breakout
- Entry: ₹311+ (daily close + high volume)
- SL: ₹286 (Risk: ₹25)
- TP1: ₹350 → RRR ≈ 1:1.5
- TP2: ₹380 → RRR ≈ 1:3
- Extended: ₹420 (pattern projection) → RRR ≈ 1:5
Bearish Rejection
- Entry: ₹285–284 (daily close below support)
- SL: ₹310 (Risk: ₹25)
- TP1: ₹267 → RRR ≈ 1:1.5
- TP2: ₹212 → RRR ≈ 1:3
⚠ Risk Rules
- Risk 1–2% per trade
- Volume confirmation is must
- Avoid chasing gap-ups
📌 Summary: Price is testing multi-month resistance. Sustaining above ₹310 can trigger a momentum rally; rejection could send it back to ₹286 or lower.
*📍 More such detailed trade plans & market notes are shared in my profile bio.*
#TTB #PriceAction #NSE #SwingTrading #Breakout
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.