TATA STEEL LTDLong
investment and trading idea for 2023
Updated
metal index
hindalco
tata steel
to me all three are looking positive for 6 months time period
TaTa steel is looking good on daily and weekly time frame
rsi is taking support from 40 levels on daily as well as weekly time frame
however on monthly time the confirmation is yet to come but monthly confirmation will not at come these prices till we find monthly confirmation prices will be above 120 levels
should not go below 80 levels from here my first target is 130 on tata steel will add more above 108 levels this will be a pyramiding trade for me i will add on higher levels not on lower levels
this trade is for final wave on metals dont get trapped later on
hindalco
tata steel
to me all three are looking positive for 6 months time period
TaTa steel is looking good on daily and weekly time frame
rsi is taking support from 40 levels on daily as well as weekly time frame
however on monthly time the confirmation is yet to come but monthly confirmation will not at come these prices till we find monthly confirmation prices will be above 120 levels
should not go below 80 levels from here my first target is 130 on tata steel will add more above 108 levels this will be a pyramiding trade for me i will add on higher levels not on lower levels
this trade is for final wave on metals dont get trapped later on
Trade active
risky traders can enter now wait if u can get it near 90/93
final stoploss 80
first target 130
second target 139
third target 160
add more above 108
Trade active
excitement starts nowNote
showing strength in adani crash also
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