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.
Trade active
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Low of 702. Excellent level to buy.
Comment
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already 100+ points in the pocket. stay long
Trade closed: target reached
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Comment
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Target reached. But upmove still intact. stay long as long as any reversal pattern appears.