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ankit3000
Aug 4, 2017 2:11 PM

Tata Metaliks - Uptrend resuming Long

Description

After a retracement from sharp bull run, stock is taking support at 38.2% Fib Level and seems ready to resume trend as its already broken channel.

One can go long at CMP 642 with SL of today's Low 620 for a Target of retesting the top 760.

Comment

Stock reaches at 78.6% Fib Level today. If sustains here, more power ahead.

Trade closed: stop reached

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