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Long Trade in TATA STEEL.
TATA STEEL LTD
Long
Long Trade in TATA STEEL.
By S_Rawat
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Updated
Mar 5, 2024
1
6
Jul 15, 2023
TATASTEEL
Good opportunity to invest in TATA STEEL.
Best Buying Range : cmp@117 to 120.
Stop Loss : Below 106.
Targets : 124/137/150+++++
Reasons to Buy:
Breakout of symmetrical triangle pattern.
Good support from the long term Trendline.
Good support from the 200 DMA.
Good Risk to Reward Ratio.
Good PE ratio of 16.
Thanks
Note: This is just an idea, Kindly trade at your own RISK.
Mar 5, 2024
Trade active
"Finally, we have achieved our third target of 150."
Beyond Technical Analysis
Chart Patterns
Trend Analysis
S_Rawat
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