We have plotted regression line, anchored VWAP signal and Elliot wave in hourly time frame. Stock is having robust fundamental strength with PE of mere 5.63. Anyone can go long in Tata Steel , if stock is goes above VWAP line i.e. INR 111.10 . Stock is having potential to go up up to INR 119-125 in near future .
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hope, you are enjoying my analysis, please share, like and comment. Your feedback is ultimate one.
Trade closed: target reached:
Two days before stock has reached 120. Target Achieved.
Idea is closed.
Idea is closed.