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TATA STEEL LTD
Long

Tata Steel for 25% gain

249
Date: 24 Sept’24
Stock: Tata Steel
Timeframe: Daily

Tata Steel seems to be in Wave V of 5 which has a likely target of around 200 (25% from current price of 160) as seen in the chart. Volume is high and RSI is strong. Even if this price is achieved in next 3 to 6 months, it is a safe bet.

This is not a trade recommendation. Please do your own analysis.
DhandhaPaani
Also on:
elliottwaveideasTechnical IndicatorsJSWSTEELmediumtermtradeMetalssteelsteelauthoritystockstobuytatasteelTrend AnalysisvedantaWave Analysis

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
elliottwaveideasTechnical IndicatorsJSWSTEELmediumtermtradeMetalssteelsteelauthoritystockstobuytatasteelTrend AnalysisvedantaWave Analysis
DhandhaPaani
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.