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Tata global beverages.

Discussion in 'Technical Analysis' started by AjithaPriyasi, Dec 19, 2013.

  1. AjithaPriyasi

    AjithaPriyasi Member

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    Hi Shabbir,

    Could you please provide your comments of TATA GLOBAL.

    It has taken support at neckline of H & S pattern also coinciding with RSI support at 40.
    The stock was hammered in spite of good results . And it seems to be recovering now.

    [​IMG]

    Regards,
    Pavan
     
    AjithaPriyasi, Dec 19, 2013
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  2. vishuhd1

    vishuhd1 Member

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    This will also make a beautiful W pattern, if this manages to close above 150 levels.. This could really be a good pick for the near term.. Thanks very much.. :)..
     
    vishuhd1, Dec 19, 2013
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  3. shabbir

    shabbir Administrator Staff Member

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    I believe buying above 150 is preferred as what VISHWANATHA said.
     
    shabbir, Dec 19, 2013
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  4. AjithaPriyasi

    AjithaPriyasi Member

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    Thanks Shabbir and VishwaNatha for your comments.
     
    AjithaPriyasi, Dec 19, 2013
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  5. vishuhd1

    vishuhd1 Member

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    This stock managed to close at around 153 levels today.. This will be an awesome pick for very near term.. Targets 160-170-180... SL would be 150...
     
    vishuhd1, Dec 21, 2013
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    masihpatel likes this.
  6. AjithaPriyasi

    AjithaPriyasi Member

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    Yes . There is resistance on weekly chart at 160.
     
    AjithaPriyasi, Dec 24, 2013
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  7. myidgmc

    myidgmc Member

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    Hi Shabbir,

    can i still enter @cmp 163 with SL:155 for target of 180?

    Thanks.
     
    myidgmc, Dec 26, 2013
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  8. shabbir

    shabbir Administrator Staff Member

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    Don't see a stop loss of 155 and ideally it should be 142 which does not make a good ROI
     
    shabbir, Dec 26, 2013
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  9. yankeedin

    yankeedin Responder

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    buy in daily as well as weekly charts

    Looking at weekly chart, looks like a buy if it consolidates above 175 for target of 240 with sl of 140

    Daily chart suggesting buy at cmp with sl of 160. Kindly share your views
     
    yankeedin, Jun 29, 2014
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  10. shabbir

    shabbir Administrator Staff Member

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    Exactly but weekly charts means, you are buying for 1 year+ range if not more.
     
    shabbir, Jun 30, 2014
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  11. yankeedin

    yankeedin Responder

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    Thanks Shabbir, Got your point.:)
     
    yankeedin, Jun 30, 2014
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  12. shabbir

    shabbir Administrator Staff Member

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    :)
     
    shabbir, Jun 30, 2014
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  13. vankudrevakil

    vankudrevakil New Member

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    tata global target 260 SL 135. CMP. 172.80
     
    vankudrevakil, Jun 30, 2014
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  14. shabbir

    shabbir Administrator Staff Member

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    I would keep SL as 160ish
     
    shabbir, Jun 30, 2014
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