Hi friends,
Lets look at Tataglobal this stock witnessed a time consuming
zigzag correction and now look like have made a short term base.
Lets look at the chart .
The chart shows a clear
WXY correction is finished
and we did another abc
correction and now looks
set for a rally.This abc
correction almost retraced
78.6% of wxy rise ie 132
so now as long as 132 holds this
stock has potential to scale
155 atleast and above that we
can see later.
So ideal trade would be to buy in dips stoploss at 132 for target of 155 ,Once 155
is taken out we can see much bigger rally we would see that later.
Regards
Rish
Lets look at Tataglobal this stock witnessed a time consuming
zigzag correction and now look like have made a short term base.
Lets look at the chart .
WXY correction is finished
and we did another abc
correction and now looks
set for a rally.This abc
correction almost retraced
78.6% of wxy rise ie 132
so now as long as 132 holds this
stock has potential to scale
155 atleast and above that we
can see later.
So ideal trade would be to buy in dips stoploss at 132 for target of 155 ,Once 155
is taken out we can see much bigger rally we would see that later.
Regards
Rish
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