TATA STEEL , one to the most popular stock of Indian Stock Market , which was under the radar of every single investor for this break out. The Stock has shown break out on BULLISH PENNANT CHART FORMATION after a gap of 2 years . Both MACD and RSI are in the favor of the break out and hence the probability of FALSE BREAK OUT is minimum. However , we still need to...
After a brief trending period, Titan is in Accumulation Zone which once broke it will reach its All-Time High.
One can initiate the trade with Trailing Stop loss.
