Enter
TATATECH at CMP, with an SL of 1010.
It seems that this gem from the Tata Sons empire is on the verge of an up-move in the coming weeks.
Those willing to hold it for longer horizons may hold it till a close below 971.4, post which must take an exit.
The formation of a reversal pattern post a prolonged downtrend, along with presence of a valid trendline with upto 4 touchpoints, makes this a significant breakout.
This may also be a good time to allocate to this stock, from a longer term standpoint.
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This is for illustrative purposes only. Do not construe this as investment advice
It seems that this gem from the Tata Sons empire is on the verge of an up-move in the coming weeks.
Those willing to hold it for longer horizons may hold it till a close below 971.4, post which must take an exit.
The formation of a reversal pattern post a prolonged downtrend, along with presence of a valid trendline with upto 4 touchpoints, makes this a significant breakout.
This may also be a good time to allocate to this stock, from a longer term standpoint.
**********************************************************************************************************************
This is for illustrative purposes only. Do not construe this as investment advice
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.