SWING TRADE
TATAGLOBAL (EQ/FUT) Buy above - 128 (closing basis) Target - 132 SL - 125.50.
Reason for buy,
- In candle stick patter it looks like Morning-star formation.
- Option Data also suggests highest open interest is @ 120PE. So it acts as a major immediate support.
- On September 2015 it tests 120 level and zooms to 140.
- This time on closing basis it doesn't closes below that 120 mark.
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