TATA TELESERV(MAHARASTRA)
Long
Updated

TTML is bullish and started its 5th wave

727
TTML after consolidation after 4th wave has started for 5th wave.
RSI @ 67 and has positive momentum.
Volume increasing
MACD is turning upward.

Be cautions when 5th wave completes which will be indicated by upper trendline.

Pls note: This is just for learning purpose and I am not recommending to invest. Pls invest at your own understanding and learning.
Note
Update: A good support by 20 and 50 day moving average.
Note
135 level is where I see a strong resistance for TTML.
RSI >91 lying in over bought zone.
soon we may see lower circuit.
Start booking profit guys . . .
snapshot
Trade closed: target reached

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