Tata Global
CMP 214.60
Tata Global seems to be trading in a downtrend channel.
Given the current setup, the stock may likely fall towards 192-188 zone
216-220 zone could likely act as resistance going forward.
Take care and safe trading...!!!
Tata Global
CMP 204
One may consider selling between 203-208 for Target of 194/ 185/176/168.
Keep a Stop loss if stock is closing above 212
Alternatively one may consider the following FNO Strategy.
sell Tata Global December expiry 210 Call option around 5.85 giving a profit potential of RS 13162.50.
Loss in strategy if Tata Global trades above 215.85 on...
Based on my xMRSI-Progresser predictive trading methodologies, its going to be a RED candle on 05-Nov-2018 for TATAGLOBAL
Sell Below(5Min candle close): 217.1 for targets -
T1: 215.5
T2: 214.5
T3: 213.5
SL: 218.8
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and...
Tata Global
CMP 217.65
In the short term
A close above 221 and the stock can be looked for target of 235-242 with a stop loss below 216
In the medium term if the stock comes towards the lower end of channel support around 192 the stock can be looked for much longer term and target above 260
Multiple patterns forming indicating compression
Stock may move upside to 245
A break of this would open up gates for 265
If 265 is broken 300 should come eventually
