TATA STEEL LTDLong
TATASTEEL – Triangle breakout – 50% upside potential
TATASTEEL has given triangle pattern breakout from trend line resistance level of 116.
Target: 124, 138, 148, 178
SL: Daily candle close below 115
Note: All metal stocks seem to be giving new breakouts, looks like new uptrend has just started. Metal sector looks good for next 6 mon to 1 yr.
Target: 124, 138, 148, 178
SL: Daily candle close below 115
Note: All metal stocks seem to be giving new breakouts, looks like new uptrend has just started. Metal sector looks good for next 6 mon to 1 yr.
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