Tata Comm - Potential Bottom
The stock has been hovering around 900-970 for a large part of this correction.
Like IEX the stock has formed a positive divergence on the RSI along with a Bullish Engulf on the daily candle which could signal a reversal.
Long at current price (50%) with stoploss below 900 and balance 50% buy above 1020.
Like IEX the stock has formed a positive divergence on the RSI along with a Bullish Engulf on the daily candle which could signal a reversal.
Long at current price (50%) with stoploss below 900 and balance 50% buy above 1020.
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