THANGAMAYL - 10 Months Consolidation Breakout / All Time High

Thangamayil Jewellery Ltd

1) Time Frame - Weekly.
2) The Stock has been Consolidating since (July, 2023). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in weekly Time Frame.
3) The stock may find it's next resistance around the price (2050 - 24.50% from the price 1646.10).
4) Recommendation - Strong Buy.
Beyond Technical AnalysisbreakoutbullflagpatternbullishpatternbuyChart Patternsconsolidation-breakoutlongconsolidationlongsetupmomentumstrategyTrend Analysisvolumeanalysis

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