It has reversed from a Bearish Harmonic Alt Shark in hourly time frame and done a min 38% retracement. There is a possibility of a trend line breakout ONLY if it manages to break "above 328" for 360 where it has a Bearish Harmonic Butterfly. Failure to cross would see continuation of retracement till 50-62%
Tata Global in daily time frame has activated a C Clamp suggesting retest of 355. It's hourly is also suggesting a H&S breakdown below 379. Resistance at 390. View negates above 400
Lets see..november series
Sell only below 256...now at crucial support..may bounce back from 258
NSE:TATAGLOBAL HOW TO EXIT THIS TRADE ? THERE IS NO TARGET ON THIS TRADE ITS RATHER BASED ON TREND FOLLOWING SYSTEM . WE HAVE TO CONTINOUSLY SHIFT OUR STOP FOLLOWING THE TREND . FOR EVERY PRICE MOVEMENT SHIFT YOUR STOP UP UNTIL ITS BREACHED . HOW TO FIND THE STOP ? STOP = CMP - 2*(ATR) FOR EXAMPLE ON THE CURRENT DAY : CMP - 253.45 ATR - 8.3 STOP = (253.45)...
Buy only above 219 ,targets are blue lines
Buy Tataglobal with a SL of 176 and potential targets of 198. Adjust trading volumes as per entry price. Disclaimer : All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any...