Tata Global - on the way up again?

Tata Global has been punished for its latest performance. It now may be time to go long.

Take a look at the various time frames in the charts...

Traded long ~ 242 (futures price)

Trade active:

Trade going well if a little slow. But I think it is a low risk position. Around 8 points per lot gained till now.

Trade active:

Tata Global seems to be gaining some momentum

Trade active:

About 12 points profit per lot... holding... might roll over on Monday

Trade closed manually:

Closed all long trades since May 24. Around 14 points profit per lot.

Comment:

It has risen almost 30 points since this was posted. A long position in the futures market since May 22 would have resulted in almost Rs 70,000 profit per lot.