This is the 1-hour timeframe chart of TMPV.
After the channel breakout, the stock is forming a broadening wedge and is currently trading near resistance.
A confirmed breakout above this level ( 390 ) could trigger an upside move towards the 450 target. However, if the resistance holds, the stock may witness another corrective decline.
Major support is placed near the 335 level.
Thank You ..
After the channel breakout, the stock is forming a broadening wedge and is currently trading near resistance.
A confirmed breakout above this level ( 390 ) could trigger an upside move towards the 450 target. However, if the resistance holds, the stock may witness another corrective decline.
Major support is placed near the 335 level.
Thank You ..
@RahulSarawagi
Connect us at optionlab.co.in/
Connect us at optionlab.co.in/
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
@RahulSarawagi
Connect us at optionlab.co.in/
Connect us at optionlab.co.in/
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.