Disclaimer: This not a stock recommendation, just sharing my views
NSE:TATASTEEL
This is a simple strategy using the trendline. The price moved up steeply and has not seen a strong correction. The trendline was broken and the price tried moving upwards for a last kiss and was rejected from under the trendline. This is an intraday idea, which can be moved to a positional play considering the negativity in the market. There is a strong chance...
BUY HEG IT WILL SOON 900+ oncr break this resistance it will soonn 900+++
Nifty Metal - The most important indicator of Global Markets..... 1. The levels of Nifty Metal is indicating towards a sharp volatility in global indices in coming days. 2. It has tried getting out of the channel twice but has not been succesful. This is the third attempt, Incase it fails this time we can see a sharp fall downwards...
The stock has attempted a breakout from 185 zones 3 times and has reached a stable point, with the good performance of the metal sector, JSW is a long opportunity with a good breakout towards 203.
Metal sector is on very critical area if this Resistance breaks than long upside rally will come. Watch out this three metal shares: 1) JSWSTEEL 2) TATASTEEL 3)JINDALSTEEL
It may stay in the channel or breakout. however, in near term it must test the high of the flag channel.
Today Nifty Metal sector is down as well as all metal stock down NATIONALUM sell below 48.5 with the stop loss 49.05 49.00 position is best for the Decide final trend
2 years ago in Feb 2016 , Nifty and Nifty Metal did bottom out together after that a year later, in Jan 2018 Nifty and Nifty Metal both made a top as well. Since then Nifty Metal is underperforming compared to nifty, while nifty climbing back to new highs, Nifty metal is just started advancing month ago. Current rally in metal index is showing strength but need...
SHORT VEDANTA Ltd CMP 193.25 TARGET 162.25 SL 216.25 Animesh Vashisht