Based on my PredictiveSystem's signals, its going to be a GREEN candle on 08-Jun-2018 for TATAGLOBAL
Buy Above: 267.8 for targets -
T1: 269.8
T2: 271
T3: 272.3
SL: 265.7
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 please do your own research before...
Based on my PredictiveSystem's signals, its going to be a GREEN candle on 31-May-2018 for TATAGLOBAL
Buy Above: 265.2 for targets -
T1: 267.2
T2: 268.4
T3: 269.6
SL: 263.1
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 please do your own research before...
Tata Global is in a nice little consolidation. Have a look at the charts of Shakti Pump Balkrishna Industries which have similar (not the same) kind of pattern. The theme here is narrow ranged bars with a dry-up in trading volume, suggesting volatility contraction aka VCP pattern (a term coined by Mark Minervini).
Bombay Dyeing & Visaka Industries are a couple of...
Andrews Pitchfork's is capturing very well the price action so far and working as Resistance. It has closed out of it but formed a hanging man showing possible weakness, so one can short the stock if it starts trading below the upper Median Line around 143.50 for a target of 135 by providing stop loss of 147.60.
It is been observed on daily and weekly chart that the price action is trending up and moving up at a high streaming pace. Now, It shall further reach to the next resistance levels at 150-152 levels.
Target1: 150
Target2: 152
Stoploss: 144
The stock seems to have good frequencies around the Pitchfork so one can put the stock into their watch list. Recent election result rose the expectations of an euphoric rally which gives an opportunity to short the stock at higher level around upper Median Line. It is coming out of RSI overbought Zone and current reading below 50 also confirms a potential short
TATA Global has been retesting the long term resistance and unable to break. it has start retracing towards 38% (135 )fibo level and next may be 50% which is (129) in near term. SL will be breakout of resistance 146.
It is been observed that there are two pattern formation breakout held on hourly chart, symmetrical triangle and Channel Breakout. Where the price action respected the breakout. Now, the price action breaks out from a upward channel breakout indicating further weakness. Targets are measured as per the channel and by also considering previous support levels on...
Tata Global has broken the downsloping trendline and broken out .. but but but ... needs to close above 150 and sustain - and since its a Weekly TF ... could be time consuming as well as itchy to wait and watch ...
Once above that levels, expect it to move to 162 odd levels with some small stops and retracements in between.
Fourth correction of the recent impulse move is about to complete. Since the third wave looks to be normal, we can expect a extended 5th wave. Targets are around the price levels 163.
