TradingView
ParamjitMahapatro
Jan 11, 2018 3:54 AM

tata invest looks bullish in short to medium term Long

TATA INVESTMENTNSE

Description

in daily, price broke out descending channel with good volume,

in weekly, hidden bullish divergence formed in weekly,



with sl - 827, 1st tgt - 1000, 2nd tgt - 1200

Trade closed: stop reached

in daily, horizontal support broken here, in.tradingview.com/x/Cje4q7Vj/.

in weekly, price closed below lower bb and bb is expanding, sign of bearishness ,

Comment

after the horizontal channel support broken, price came up to retest the broken support, which should act as a resistance now.
More