Buy TATAGLOBAL above 286 with short term target of 308 and SL of

After peaking out in early 2018 at 328, the stock has been under classical corrective retracement. The stock bottomed out in the 250-255 zones and has shown signs that could trigger resumption of up move in coming days. A not-so-classical inverted ( bullish ) head and shoulder formation is seen on the Daily Charts . Daily MACD stays bullish while trading above its signal line. RSI has marked a fresh 14-period high. This is a bullish sign. A buy signal has emerged over Stochastic on the Daily Charts with a bullish divergence against the price.

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