Tuesday, June 3, 2014

TATA Global Beverages (TATAGLOBAL) supports the Trendline (Technical Analysis Mumbai Training.)

Today on 3rd June 2014 our Technical Analysis  team has pulled a stock from Plantation Tea and Coffee Sector– Tata Global Beverage (TATAGLOBAL). 

Here are some facts which we have gathered on Tata Global Beverages (TATAGLOBAL):-

1) Support 4 times tested trendline from the 4th March 2014 to 3rd June 2014.



2)  Stochastic is upward direction in oversold Territory and %K crossing %D. 
      This signifies higher possibility of stock moving up.


3) Positive RSI: Here in the following image you can see that RSI is moving upward 
     direction. 


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