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TIL – TECHNICAL CHART STUDY

TIL

Look at the chart development of TIL we can clearly see that price able to move above long term resistance level, but after moving its not able to give confirmation of the trend.

still price is taking support at bottom levels.

rsi also taking support at bottoms.

so here are possibilities that price can try to touch the recent high level, as rsi can try to move into the over bought zone.

so one can buy this stock above 153 level if able to close above 153 then one can hold delivery for 170 target in coming days. stop loss one can keep at 134 which a good support.

if price able to cross 170 and close above 170 then carry your position for target till 190-220-245 with same support levels.

 

 

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