TATACOMM - can we continue V shape , with historical support ?
Updated
TATACOMM - can we continue V shape with historical support ?
• Main observation is Trendline Support which is most respected .
• Also Moving averages can become support .
• Next Resistances can become targets .
R1 = 1154
R2 = 1199
R3 = 1234
R4 = 1282
• Previous historical support at 1048 to 1036 can be a safe Stop Loss
• what you think ?
• Main observation is Trendline Support which is most respected .
• Also Moving averages can become support .
• Next Resistances can become targets .
R1 = 1154
R2 = 1199
R3 = 1234
R4 = 1282
• Previous historical support at 1048 to 1036 can be a safe Stop Loss
• what you think ?
Note
we have got right place to enter ... see first candle of our tradeTrade active
our first target achieved .. we can book partial according to our capacity ... but we can stay hold... because we can see in chart ... above our 1st target if price will going to sustain ,,, there will be straight road for target/resistance 2 or 3 also..Note
2nd target reachedNote
3rd Target reached guysTrade closed: target reached
We booked our full profit of 4 targets here
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