TATA STEEL (BUY) - LONG UPSIDE TARGET - 135 -140 LEVELS

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Tata Steel produced an upside breakthrough at the level of 118 and displays a perfect bullish falling wedge pattern. Bullish Falling Wedge patterns often suggest that the stock is bullish and that it has the ability to hit the target of 135 to 140 in the next weeks. If it breaks the 135-140 levels ,then the stock might go for a small retracement or correction and will give a rebound back towards the new targets of 170 levels.