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Tata Metaliks - Uptrend resuming
Long
Tata Metaliks - Uptrend resuming
By ankit3000
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Updated
Aug 7, 2017
2
Aug 4, 2017
After a retracement from sharp bull run, stock is taking support at 38.2% Fib Level and seems ready to resume trend as its already broken channel.
One can go long at CMP 642 with SL of today's Low 620 for a Target of retesting the top 760.
Aug 7, 2017
Note
Stock reaches at 78.6% Fib Level today. If sustains here, more power ahead.
Aug 11, 2017
Trade closed: stop reached
Chart Patterns
TATAMETALI
ankit3000
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