bhagat109

Cup & Handle in Tatasteel

Long
bhagat109 Updated   
NSE:TATASTEEL   TATA STEEL LTD
Tatasteel has given a breakout from a cup & handle patern in the diaily charts.
It has also broken out from the long term down trend. (Yellow line)
One can wait for a pullback & then enter.
Target : 540 (13 - 15 %)
SL : 444
Trade active: Amazing movement seen today.
Trail SL to 502
Comment: Doji has formed. It can now move on either side with equal strength.
Let's limit the downside &
trail our SL to 510.
Trade active: This stock is rallying like crazy. Keep trailing your SL.
New SL: 540
Trade closed manually: Formed an evening star at the top. & also confirmed by a red candle after it's formation.
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