Long Trade in TATA STEEL.

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:

1. Breakout of symmetrical triangle pattern.
   
2. Good support from the long term Trendline.
   
3. Good support from the 200 DMA.
   
4. Good Risk to Reward Ratio.
   
5. 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."