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Pullback trade given after resline breakout above 608
at 618-622
initial levels were
System: (Tripple Screen EMA/FibChannel follower)
Stock Name: TATATEA
Support1:613.344
Support2:617.556
Resistance1:648.698
Resistance2:670.521
Buyarea=613.957
ATR(14)=21.8235
Target1:635.78
Target2:657.604
Target3:679.427
SL:578.603
Now breakout begins above 648
News of a bonus announcement
Market might run with it and attempt 672-700-713-728 soon
TATATEA, Analysis Date:4/11/2007 3:53:59 PM
Close/cmp:634
Swing : Up=Buy ( 9.500% sensitivity)
T1:637.449 T2:672.126
T3:728.225 1xR:713.65
SwingHigh:647.5 CMP:634.0
SwingLow:560.0 SLPivot:581.3
2xAtr14Stop:11.2128
Narrowsl:66.15
WideSl:107.16
Lower Chan:588.807 Upper Chan:666.673
ResLine:605.602
Also tatatea might be doing a corrective retracement to its entire fall
Retracements :873.35-568.7
0.236:640.597 0.382:685.076
0.5 :721.025 0.618:756.974
0.786:808.155
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