It is possible to capture explosive moves in stocks using price patterns and advanced techniques like Time cycles.
Today morning we published TCIEXPRESS in "The Financial Waves Short Term Update" which our subscribers receive pre-market every day. Check out below the detailed research report that we published.
TCI Express Daily Chart as on 26th October 2021 (Anticipated)
TCI Express Daily chart as on 27th October 2021 (Happened)
TCI Express Hourly Chart
Waves analysis-
On the daily chart, in the previous session, the stock formed a bullish candle. We can see rounding bottom pattern has formed. Prices have given close above 281 level which confirms breakout from the pattern. Price is trading above the Ichimoku cloud which indicates that the short term bias is bullish.
On the hourly chart, the vertical lines represent 153 hour time cycle. As we can see that as prices approach this cycle an important low is formed. This helps us to time the market correctly. After the recent cycle of low formation, this is a perfect opportunity to buy.
In short, the trend for this stock is positive. Use dips towards 1760-1750 as buying opportunity for a move towards 1970-2000 levels as long as 1680 holds on the downside.
Happened-
After we published the report the stock made a high near 1959 levels! We also gave a buy call on TCIEXPRESS on CNBC AWAAZ KHILADI NO 1 game show at 1785 and it hit 9% target at 1950 within a day!
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