TATAMTRDVR bullish flag and pole & Inverse head and shoulders is under shaping.
Keep eye on the support level, if confirmed go ahead of long for target of 230
Standing at 2 years support.
Previously it has taken support 3 times at this levels within 2 years
Aggressive Investor/Trader Can Long from 215 levels with 205 as Stop Loss
Target 1 = 0.236 Retracement (shown on chart)
Target 2 = 0.382 Retracement (shown on chart)
Conservative Investor/Trader Can Long after a candle Closes Above Red line = 235 with 225 Stop ...
The price action indicate weak in further going down , Selling is weakening , price may gap down or can go down for a while once if it makes the reversal sign in this price Zone i am looking to go Long , i am expecting the bounce of price between 213 to 217 and target 235
TATAMTRDVR: Ready to UP move.
Support from Parallel Channel & Harmonic Bearish SHARK (last Leg in Progress).
Bearish SHARK (N) : Projected "D" = @ 286.30
Bearish SHARK (N) : Projected "D1" = @ 293.2
Go LONG: LCP => @ 260.45 (+0.5% to -0.5%)
TARGET: Plotted on chart.
Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
LIKE / ...
Descending Triangle on TATAMTRDVR and the pattern will get successful only when the price breakout on downside otherwise consider as false breakout.
Trade:
Short - 258
Target - 238
Stop loss - 270
TATAMTRDVR: @ 262.90
Strong Reversal AHEAD.
Bouncing from PRZ of Pattern Bullish GARTLEY.
Technical Parameter (Indicator & Oscillator) signals MASK have been changed from Bears to Bulls.
Go LONG for TGT: @ 267.70, @ 271.80, @ 279, @ 289, @ 295
Hurdle Zone #1: @ 274.60 - 276.40 ( Green Box on Chart)
Hurdle Zone #2: @ 283 - 285.50 (Blue Box on Chart)
More ...
TATAMTRDVR trading below 200 simple moving average, strong resistance zone 290/288, it has formed a gravestone doji candle formation. price action movement moving towards its support zone 278/280 zone, keeping stoploss above 295.
Price action of tatamtrdvr shows weakness with the formation of pinbar, weakening volume and RSI momentum. Once the trendline is broken can go for short. Sell at the price of 322 with stop loss 325. Targets are 316, 312 and 308.
