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TELE LONG TRADE 08-07-2025

135
TELE – LONG TRADE | 08 JULY 2025
Buy 1: Rs. 8.53 (Current Price)
Buy 2: Rs. 8.10

Target Prices:
TP1: Rs. 9.30
TP2: Rs. 10.00

SL (day closing): Below Rs. 7.70 | R:R: 1:5


TELE has been trading in a range since June 2023. It recently completed a spring pattern by briefly breaking below the range and marking a low of Rs. 5.40. The current reversal from this zone indicates a strong potential for an upward move, making this a high-probability Second Strike opportunity.

📌 Execution Strategy: Please buy in 3 parts within the buying range. Close at least 50% of your position at TP1 and trail the stop loss to protect profits in case of unforeseen market conditions.

📢 Disclaimer: Do not copy or redistribute signals without prior consent or proper credit to The Chart Alchemist (TCA).
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