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thechama3

SHORT TERM HIGH PROBABILITY TRADE || LONG || TATA STEEL

Long
TATA STEEL LTD (NSE:TATASTEEL)  
thechama3 Updated   
NSE:TATASTEEL   TATA STEEL LTD
Chart Patterns Technical Indicators tatasteel tatasteel_long tatasteel_buy
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chartpattern indicator tatasteel tatasteel_long tatasteel_buy
One might buy Tata steel on dips with SL placed at 455 and targets of 479/485. The RSI is placed at 30.36 and indicates a high probability of a bounce back. It is also supported by the bullish candle created today. Bounce on the Nifty also supports the move.
Trade closed: target reached:
Makes a high of 478.3 . One might want to close partialOr complete positions depending upon the risk profile and holding period.
Trade closed: target reached:
Closing all positions. Reaches T1. Makes a high above 479. Closing all positions.
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