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ankit3000

Tata Metaliks - Uptrend resuming

Long
ankit3000 Updated   
BSE:TATAMETALI   None
Chart Patterns TATAMETALI
2
0
chartpattern tatametali
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.
Comment:
Stock reaches at 78.6% Fib Level today. If sustains here, more power ahead.
Trade closed: stop reached
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