As I have mention all in the chart, 60MA is my personal stratagy and view for entering trade.. and 200 EMA in which all people believe.
Why to buy TATA STEEL ?
> TATA STEEL has break out long term trendline. > Taken support at : 1. Previous gap 2. 60MA line > Volume is consistently increasing from past weeks as compare to previous year . > Economy is reviving. As you all know , Steel is largest manufacturing product and infrastructure as well as real estate is going to develop again in coming years...So demand , profit and all the parameter increase.\\
Now, It's best time to invest.
Disclaimer :
These are my personal view. please consult your financial advisor before making any investment.