Waiting to fall from the cliff. Interesting to see how many times it will take support at 1615. If it breaks this support level, 10% downside looks visible. next support is at 500DMA.
This could have started a big move up. Seems worth it as the setup is invalidated if it makes a new low..
TataElxsi is giving a Buy Setup and is ready for a substantial upmove upon breakout. I would be buy stock around current levels with stoploss just below 1590 for a Target of 1800 / 2000. Details are on the chart. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email: contactus@prowaveanalysis.com Facebook:...