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 -
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 ...
There seems to be some kind of pattern formation in the stock.
ABC, Leg is done D is getting made.
Though i believe , Stock has bottomed out with RSI giving good signs of it.
Still Price action is telling for some 2 -3 Rs down.
If you see level 210-211 enter for the mentioned prices . if you see good signs of reversal.
Disclaimer : Not an investment advice.
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
Seeing the volatility of the market every trader is going bonkers. Stop losses are hitting very frequently still if you have good risk management then the trade day can be made profitable. So trade as per your risk appetite and capital size.
EARN HUGE ...
If you look in right chart which is 1 Hour its so much noise in it , and if you look the left chart which is of 6 Hour candle ignore 15 mints tiny candles and you will see the entire sessions with clear views ,
I am looking to Go long after the brake of 240 for very narrow range target 255 and here is one small of advise , Put the stop to cost after 3 Hour of ...