TradingView
TheChartians
Feb 23, 2021 10:20 AM

TATASTEEL HEADED FOR A BIG BREAKOUT  Long

TATA STEEL LTDNSE

Description

BREAKOUT TO TRADE:

Nifty Metal Sector has gave weekly closing above 61.8% Fib Retracement which means Metal Sector is now officially in Bullish Trend.

Our Long Term Pick is TATA STEEL [CMP : 703]

REASON :
1. Symmetrical Triangle!
2.Metal Sector Staring at a Breakout!
3. Removal of weak hands done last week.

TARGET : 1500+
SL IS WEEKLY CLOSING BELOW 595


Trade closed: target reached

Comments
rajatgupta61
Buyed call for tomorrow
More