Long

TATA GLOBAL STRATEGY

Updated
Tata Global, CMP 272.90 in 1 Hr chart, now that it sustained support line at 271, should now bounce and touch the upper resistance line of 295. STOPLOSS 269. Also marked the RSI trends in last 2 dips for your reference. Remember, it will be a breakout above 284, and volumes will hugely increase.

TRADE STARTEGY : LOT SIZE 2250
LOSS IF STOPPLOSS HIT : 8775
TARGET PROFIT : 49,725.
Note
Uptrend sustained and today stock has successfully touched 284. Till now total almost 13 Rs made, will be gunning for 330 levels as stock now entered new horizon.
Chart PatternsTrend Analysis

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