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shiv2798
Jul 12, 2017 2:43 AM

Tata Communication Possible Reversal Zone  

TATA COMMUNICATIONNSE

Description

I am looking possible reversal set up in 1 Hour chart with confirmation for Going long in Price Zone of 642 to 624

Regards

Trade active

Trade Active for Target of 719
Regards

Comment

From 660 to 675 Booked my profit as market is going slow ,
700X15 points = 10500 in 4 days
Regards

Trade active

Took Support at 642 , I am already In let me see the closing today to continue for Target
Regards

Comment

Booked another Interim Profit form 642 to 677
Made my day
Comments
HarshShah
What will the time frame on your chart for 700+?
shiv2798
@HarshShah, Sir May be before end of next week
time factor is not possibly judged by Candlestick charting , but what we can identify is the trend sentiments , buyers ( institutional ) come with some buying then again they will take time for accumulation , or even it may happen that the stock can start go down for few points then turn , but main purpose is the buying sentiments , which are very important factors ,
Regards
shiv2798
@HarshShah, Sir its momentum halt , the stop would be still same , if you are going for any possible trade based on this chart , i request you to take your own decision , because this could be momentum halt , stock can still go further down or can go side ways ,
its only indication institutional have stepped in for buying ,
Regards
HarshShah
@shiv2798, Thanks for the responses. It will help me for the analysis and tracking.
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