Tatasteel has good bulish flag pattern breakout. Above 133-135 closing can give good upside in the future. It should sustain or retest the flag top levels.
Trade active:
Breakout is done in the day candle.
Comment:
Target 1 138 hit. waiting for next 153.
Comment:
correction to above 136 hit today. But it has strong pattern. Can go above it in upcoming days.
Comment:
Yesterday US market steel sector rallied. Today may be india steel market will boom.
Comment:
Consolidating around 135. below 133 short term bearish.
Comment:
Overall sell off in the markets. should stabilise today then look further.
Trade active:
this is super active now.
Comment:
Target1 done 138. Now it should sustain above it for next target.
Comment:
Ready for the next move.
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moving towards. Target2
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target2 about to reach
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now it should break the 153 again then ready for next target 169.