Historical levels in Tata Steel tend to provide good Risk:: Reward ratios to enter trade.
Levels are mentioned in the chart.
View gets invalidated if Tata Steel goes below 112
Take care & sage trading..!!!
Disclaimer -The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and can be wrong again in future too - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
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We had mentioned support at 114-117 and dips towards 116 can be considered as good opportunity to go long