AAINVESTORS
Long

Tata Sponge Iron Ltd- Possible Consolidation Triangle Breakout

NSE:TATASPONGE   TATA SPONGE IRON
The Stock was on a consolidation mode after a good positive rally..
Again it is ready for the momentum.
High chances of possible breakout at upper side for a new 52 week High.
Entry Point Rs             940
Strict Stop loss Rs             920
Target1- Rs             975-980
Target2- Rs             1100
Risk Reward Ratio 1:8
Trade active: 960 CAN BE THE CONFIRMATION OF THE ABOVE IDEA..SO BE READY FOR A NEW HIGH
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