TATAGLOBAL is in a small uptrend and
closed at 156.45. There is a fair chance of this stock to do better and go up
further. Since the market is in a strong uptrend, one must look for the
opportunities to buy on every dip. And at this point in time we are trading on
the highest band of the price range, one must be cautious on any long trade. Though
this stock is from F & O segment, if not comfortable, one can take the
position in cash segment also by looking at the levels of F & O levels
accordingly. One can
buy this stock for the targets of 160 and 164. A strict
Stop Loss of 152 must be applied to this long trade.
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