TIINDIA for 3500 and 3800? A very good set up in the Daily TFTube Investments of India LimitedNSE:TIINDIAMurthy_SanthoshTF: 75 Minutes CMP: 3220 The script has a tendency of following a specific pattern (Measured Move).. Breakout---> Consolidation---> Breakout---> Repeat and trading between the channel top and bottom. Going by this set up, I expect that the stock would test 3500 levels to complete the pattern target. The level of 3400-3500 also happens to be the previous swing high as well as the polarity zone (previous support turning resistance) on the Daily TF (charts are copied below) As much as I expect/love for this stock to retest the 3100 level (horizontal breakout retest), one can very well argue that the breakout and retest was done on the falling trendline already (the black line). Let's see if we are lucky enough to get an entry at 3100 odd levels :) In Daily TF, the set up looks too good to ignore.. targeting 3800+ - Rounding bottom breakout and retest done - 200 DEMA breakout and retest done - 50 over 200 DEMA - Golden Cross in play - Price is trading well above the Cloud and is strongly bullish - RSI just about 70 - MACD crossover (bullish) seen A promising set up for cash equity investment for 20% gains over the next few weeks. Caution: Options strikes are mostly illiquid as of now, hence, be careful before buying CEs Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.