tata invest looks bullish in short to medium term
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
in weekly, hidden bullish divergence formed in weekly,
with sl - 827, 1st tgt - 1000, 2nd tgt - 1200
Trade geschlossen: Stop wurde erreicht:
in daily, horizontal support broken here,
in weekly, price closed below lower bb and bb is expanding, sign of bearishness ,
in weekly, price closed below lower bb and bb is expanding, sign of bearishness ,
Kommentar:
after the horizontal channel support broken, price came up to retest the broken support, which should act as a resistance now.