According to chart Tata Steel has entered its first support range of 1080-1060. If it falls further it can go to previous all time high level of 880. After that support for Tata Steel is the range of 600-700. One can add small quantities at every level for mid to long term investment.
PE Ratio : 17.88 (Undervalued in...
Tata Steel BSL
Cmp - 93
Stop - Nil, Add more on relevant dips
T1 - 450
T2 - Open, Review at 450
Expected Holding Period - 2 years or earlier for T1
Technicals - ✅
Fundamentals - ✅
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Tails are important for this stock to trade.
Suppose to trade tomorrow 285 above, then buy and hold ( Friday )
Tatasteel TimeCycle and Parallel downward channel.
The price is trading at value low which is better to...