ichimoku2016

Waiting for the short entry in TATA comm

NSE:TATACOMM   TATA COMMUNICATION
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This chart is showing great resistance and if cloud breaks to downside along with the break down of 78.6 Fib level i.e., 627 by tomorrow, we may expect to reach the price at least to reach 61.8 Fib level. I do not consider trading this short trade for a long period of time as I believe that this script is in a strong up trend.
Feb 10
Comment: It broke the 100% fib level and started it bull run again.
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