TATASTEEL:
Near 200SMA @ 425 and END of Wave-2 i.e. 61.8% Fib Retracement ( Crucial Support)
Point 2 = 0.618 of WC to 1.
Long Entry be Initiated @ 428 - @ 418 Level for 7% to 12% Gain
TGT Levels: @ 443, @ 448, @457, @ 463, @ 477+
Major indicators are OVERSOLD.
Gap UP opening also Possible If Market sentiment is not too Bad.
Trade closed: target reached:
TATASTEEL @ 495+
Made A HIGH @ 499
ACHIEVED All TGT.
Made A HIGH @ 499
ACHIEVED All TGT.