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.
Trade active
"Finally, we have achieved our third target of 150."Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.