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.

**********************************************************************************************************************
This is for illustrative purposes only. Do not construe this as investment advice
Beyond Technical AnalysisChart Patternsitsectornifty50portfolioshorttermtradingtradeideasTrend Analysis

免责声明