Short
TataGlobal - EMA Crossover
Monthly Chart indicates Topping Tail
Last time there was crossover of 5EMA> 26 EMA it was around 165.
TataGlobal had a very sharp price rise over 6-7 Months.
Now it is at cusp of similar crossover of the EMAs.
Support at 300 level (Psychological)
Once Broken expecting to test 273/255
Stop Loss 330
Will Observe for continuation positional trade till the EMAs indicate for reversal.
Last time there was crossover of 5EMA> 26 EMA it was around 165.
TataGlobal had a very sharp price rise over 6-7 Months.
Now it is at cusp of similar crossover of the EMAs.
Support at 300 level (Psychological)
Once Broken expecting to test 273/255
Stop Loss 330
Will Observe for continuation positional trade till the EMAs indicate for reversal.
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.