fcsa

Tata Global - on the way up again?

Long
NSE:TATAGLOBAL   None
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.
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