TradingView
stocksonfire
Dec 30, 2016 6:37 PM

TATAELXSI >> Daily Candle >> Bullish Breakout from Trend Line Long

TATA ELXSINSE

Description

4 reasons to expect the value of TATAELXSI going up :

1) Bullish Breakout from Down Trend Line.
2) Not retraced below 50% of Fib Levels.
3) Increasing RSI.
4) Green Volume.

Trade closed: target reached

Showing some resistance now, Lets not take a chance on this one . 5% in 15 Trading days. Close the Trade and bank the money.
Comments
FIROZMANIA
Hello, Should we expect it to reach 1501?
stocksonfire
@FIROZMANIA, You got it right, The price has now hit 1501. Good analysis.
More