TGL LONG TRADE (1H TF)
TGL embarked upon uptrend in Feb 2025. It soon entered in Wyckoff Accumulation Phase and consolidated there for 3 months. It has shown signs of upward reversal leading to a new leg of uptrend - supported by Volume Gradient. During this progression of breakout, it has made a Bullish OB which is a low-risk spot to Enter a long trade. The price is also trading above EMA-20.
🚨 TECHNICAL BUY CALL – TGL🚨
BUY1: 217
BUY2: 211
BUY3: 204
📈 TP1 : Rs. 239
📈 TP2 : Rs. 255
📈 TP3 : Rs. 270
🛑 STOP LOSS: BELOW Rs. 190 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:4+
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
TGL embarked upon uptrend in Feb 2025. It soon entered in Wyckoff Accumulation Phase and consolidated there for 3 months. It has shown signs of upward reversal leading to a new leg of uptrend - supported by Volume Gradient. During this progression of breakout, it has made a Bullish OB which is a low-risk spot to Enter a long trade. The price is also trading above EMA-20.
🚨 TECHNICAL BUY CALL – TGL🚨
BUY1: 217
BUY2: 211
BUY3: 204
📈 TP1 : Rs. 239
📈 TP2 : Rs. 255
📈 TP3 : Rs. 270
🛑 STOP LOSS: BELOW Rs. 190 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:4+
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
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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.