THINKKINK PICTUREZ LIMITED Technical Analysis and Trading Recommendation 🎬
🔍 TKPL is trading on BSE at INR 83.78, near the crucial Fibonacci level of 0.5, and showing an upward trend 📈. The EMA and MA indicators have experienced a bullish crossover 🤝, signaling a possible short-term uptrend. The Parabolic SAR is also in favor of bulls 🐂, suggesting positive price momentum may continue.
🎯 Trading Recommendation:
Entry: Buy TKPL at or above INR 83.78 (current price) 💹
Target 1: INR 85.93 🎯
Target 2: INR 84.94 🎯
⚠️ Keep an eye on the stock for a breach of the Fibonacci level upwards before initiating a long position. Don’t forget to place a stop-loss order below the recent swing low to protect your capital 💰.