TBZ NSE MTF 12Y RBC BO- POSITIONAL

TBZ JEWELLERS STOCK Analysis

TRADE PLAN (WTF Close Price for SWING /POSITIONAL)
ENTRY -298 25 to 50% Qty, Add 50% qty progressively DTF Close
SL -248
TARGET - OPEN, TGT02--581
Hold For a 2-3 Year or TGT 2

Chart Pattern :
STOCK Completed a RBC of 12Y closing above the previous ATH in Monthly TF.

INDICATORS EMA :
The Price is Currently Trading above 20EMA, and 20EMa above 50EMA in DTF. STOCK EMAs are currently in Ascending alignment, indicating of a bullish Trend continuation DTF/WTF.

FIBO/E :


Volumes: There is a uptrend in Volume on the Monthly Charts for a Year above the 20VMA

Keep in your Priority Watch List

Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk appetite (Exit when price closes 7to8% below your Entry).and re enter when trend reverses in the direction of your POV...
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
LTH -LifeTime High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade