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Tata Steel at weekly - channel support - Will it bounce?

NSE:TATASTEEL   TATA STEEL LTD
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Tata Steel is within weekly channel support. Can it be consider for a long trade keeping 380 as SL?
Trade active: So far so good. Looking for target 405.
Trade closed: target reached: Updating late : On weekly close basis, target is reached on first week of Dec.
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