Monthly Chart indicates Topping Tail
Last time there was crossover of 5EMA> 26 EMA it was around 165.
TataGlobal had a very sharp price rise over 6-7 Months.
Now it is at cusp of similar crossover of the EMAs.
Support at 300 level (Psychological)
Once Broken expecting to test 273/255
Stop Loss 330
Will Observe for continuation positional trade till the EMAs...
NIfty Realty Index on Monthly chart indicates potential topping tail candle
DLF Weighs 35.45% of Nifty Realty Index
In 4 hour chart there is a H&S reversal pattern in the making + Upward trend line breakout test
SL - 274 (Conservative SL 269)
TGT - 217-220 zone
Nice support at 23 ema in weekly chart
Double bottom confirmation in daily chart
First resistance at 61.8 resistance (Target 554), if further breakout happens we can see all the way up to 570 from this level.
Stop Loss 500