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