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ParamjitMahapatro

tata invest looks bullish in short to medium term

Long
TATA INVESTMENT (NSE:TATAINVEST)  
ParamjitMahapatro Updated   
NSE:TATAINVEST   TATA INVESTMENT
Trend Analysis Chart Patterns breakout breakouttrading Descending Channel uptrend Bullish Patterns Bullish Divergence
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trendanalysis chartpattern breakout breakouttrading descendingchannel uptrend bullish bullishdivergence
in daily, price broke out descending channel with good volume,

in weekly, hidden bullish divergence formed in weekly,

snapshot

with sl - 827, 1st tgt - 1000, 2nd tgt - 1200
Trade closed: stop reached:
in daily, horizontal support broken here,
snapshot

in weekly, price closed below lower bb and bb is expanding, sign of bearishness ,
snapshot
Comment:
after the horizontal channel support broken, price came up to retest the broken support, which should act as a resistance now.
snapshot
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