Rel Capital : Stock has corrected sharply in last 2 weeks, Now stock is looking getting some support near its 50% Fibonacci retracement around 410-11. Technically the candle pattern made on friday was Bullish Homing Pigeon which need to confirm above 429. Further, 13dMA is above 20dMA and 50dMA is above 100dMA and all 3 short term dMA are above 100dMA which indicates positive bias for the stock. RSI 5 on daily chart is in buy mode (oversold zone ) .
Tata Global : Stock is looking good on daily as well as weekly charts.Stock has taken support near 100wMA during the week. If holds 231 target in short term will be 237-42-53-60 while below 227 stock can test 220-12.
