TATAGLOBAL – The open and low were almost the same as the stock outperformed well with good volumes and closed near to days high. It also formed a flag pattern on the daily chart. We expect it should give the breakout. We recommend buying above 216 for the target of 219 with the stop loss of 213.
PETRONET – Stock is consolidating for 2-3 trading sessions and today performed well with average volumes. It also took the support of the trendline on the daily chart. The RSI is also showing a reversal on the daily chart. We recommend buying above 242 for the target of 245 with the stop loss of 239.
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