Tata Steel - Investment Pick

تم تحديثه
One can invest TATASTEEL for target of 700, 770, 850 & 900. SL 550. A breakout above 580 required for confirming for investment strategy.
تم فتح الصفقة
585 on closing basis
تم فتح الصفقة
Fundamental guys waiting for results, but chart suggest to invest in Tata Steel. Hopefully delivering better results can fuel further rally towards our targets.
ملاحظة
The results were out, TATA Steel posted 4 fold profit over Q1
تم فتح الصفقة
ملاحظة
It may test 700 within August, future guys look for dip around 610 for entry. 620 itself looks attractive.
ملاحظة
Use dips for longs
ملاحظة
Within August 680 visible; let's hope for the best.

لقطة
ملاحظة
So it has retested the GAP at 600 and bouncing sharply. May be right time to enter now?

لقطة
ملاحظة
Such a high pressure
ملاحظة
15 Mins chart. Double bottom in making

لقطة
ملاحظة
Another pattern found. Bull pole & flag ;-)

لقطة
ملاحظة
Hope to see 640 levels by Monday.
ملاحظة
Flag & pole pattern was working out at last; it may witness 640
ملاحظة
Crossing is much important for Tata Steel. 645
ملاحظة
So far 20% up
ملاحظة
few bucks away from first target level of 700.
ملاحظة
T1 done
ملاحظة
Good going
ملاحظة
T2 770 done suggested at 560
Trend Analysis

إخلاء المسؤولية