Foram_Chheda_CMT

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

Long
NSE:TATAGLOBAL   None
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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