Explore: Stocks of the Week - Technical Charting

THINKKINK Bullish Signals AND Trading Targets

Rajat Dhar July 5, 2024 Investment Products and Opportunities Leave a comment 70 Views

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THINKINK
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 💰.