Indeed it is a very good call for investors , Tata steel historically also has given great returns post sharp falls in nifty ......we may see sharp moves across the board once again on Monday, in case global markets fall out of any fear , but for investors it is one of the best investments, one should not sell it off even if it falls 20%....
@Tradersclub_india, It made a double bottom with entry price @291 and target being of 330 ,it hardly took 3 hrs to reach to the target ....
Vijay19n
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What will be strike price for call option
wander-lust
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I recently started following your ideas (have not traded them though) and found them very helpful because of your charting style. The information you put on them highlights all the references of your strategy which makes it easier to understand. great efforts and great job!!!
By the way, this one could have been a easy trade if it were not inside the downtrend channel because it looks like it fits the Wyckoff strategy for Buy (tradingview.com/x/0WnNLJdQ/). The strategy advises not to go against the trend. Second chance to buy will be after confirmation of Last Point of Support.
I guess next week beginning market cues will only tell us what are bears and bulls planning...all the ideas born out of Friday's move will go in vain if bears take over again :P
yvatsji
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AT WHAT LEVEL WOULD BE BOTTOM O TATA STEEL
ketanprajapati
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Do u have any channel for signal ?
Kishancooldude902
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i will wait a little cause it could be a retest to the support level
@Kinnari_Prajapati bus ek hi sawaal , Kaise kar lete ho yaar !!!