TATAMTRDVR: Reversed from Crucial Support Zone & HH-HL Formation

Jun 17, 2017

TATAMTRDVR: @ 282.35, RCP: @ 281.85 Reversing from Crucial Support Zone
MA Analysis: Close Crossed Above 20 SMA @ 281.54 & 50SMA @ 275.87
ICHIMOKU Analysis: Crossed Above Tenkan-Sen (282.675) (By Closing) Also Bounced from 275.35 Near CLOUD Lead 2 Band (275.85).
HH-HL & LL-LH Analysis: Trend Changed From LL-LH to HH-HL.
Technical Parameters Also Support the MOVE.
LONG:
For Swing Trade=> Res.: @ 284.6, @ 286.35 - 287.55 (HZ), @ 290.85, Sup.: 279, @ 277.35-276.1 (BZ), 272.85
For Short Term Trade=> RES.: @ 296.6, @ 301.4, @ 304.4 -306.5, @ 312+, SUP.: @ 267, @ 264.4, @ 262.7 (Strong)

Though 15 min Chart Shows Some Weakness.
Better Wait for an Hour or Enter Below @ 281.1

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Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor.

Jun 20, 2017

Trade active

LTP: @ 286 at 11.30AM on (20/06/2017)
Made a High @ 286.8 & Test HURDLE Zone @ 286.35 - @ 287.55

Jun 20, 2017

Trade active

LTP: @ 288.85 at 11.27 AM on (20/06/2017)
Made a High @ 289.45 & Crossed HURDLE Zone @ 286.35 - @ 287.5
STRONG Level To TEST @ 289.8