TATA STEEL LTDLong
Tata Steel Bullish Pattern
Updated
Tata Steel (Posional view :Bullish)
Timeframe: Monthly
Pattern: Cup & Handle & Trendline Breakout with volume ( check volume when trendline breaks)
Breakout Point Price: 715
Now After Breakout there is shakout phase going on to remove weak Bulls.(Check weekly timeframe)
Buying range : 700 -720
Target: 860+
SL: 655
P.S. : This view is educational purpose only. Don't take any position based on this.
Timeframe: Monthly
Pattern: Cup & Handle & Trendline Breakout with volume ( check volume when trendline breaks)
Breakout Point Price: 715
Now After Breakout there is shakout phase going on to remove weak Bulls.(Check weekly timeframe)
Buying range : 700 -720
Target: 860+
SL: 655
P.S. : This view is educational purpose only. Don't take any position based on this.
Trade active
Low of 702. Excellent level to buy.Note
already 100+ points in the pocket. stay longTrade closed: target reached
Note
Target reached. But upmove still intact. stay long as long as any reversal pattern appears.
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