TATA STEEL Short

TATA STEEL LTDNSE

Description

⋅ Nov 23, 2021 9:41 PM

CMP 1192

4.50 P/E

Fundamentally very good stock to HOLD and it's cheap as per P/E, for only long-term investors. Fresh entry is not recommended at this level!

But technically it's showing a BEARISH trend !!!

Trade closed: target reached

⋅ Dec 8, 2021 5:57 PM

it may reverse, EXIT all your SHORT positions.

Trend Analysis tatasteel

Comments

anish_nanda

⋅ Nov 24, 2021 1:48 AM

Tata Steel will recover very well in short term. It has made bottom of 1146 this week and has taken support near its 200 DEMA of 1131. Stock can easily touch 1300 very soon. Strong buy @ 1190 levels.