Traders are like wolves they wait for their prey to get tired and when there is opportunity they pounce and have their flesh. The same looks true for Tata global. It has clearly broken its 135 support level and in between there is not support level until it reaches 122 to 125. But this range of 122 to 125 is a great great support. below is the chart for the same
Second also if you see the above chart the volumes are decreasing indicating bull are not willing to sell at ower levels.
So i think wolfs are watching to make buy on those levels and then ride one 15 rs more for decent profit. So our suggestion is hunt with the wolfs.
Please read our disclaimers before investing http://tradingkamai.blogspot.in/p/disclaimer.html
No comments:
Post a Comment