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in daily, price broke out descending channel with good volume,
in weekly, hidden bullish divergence formed in weekly,
with sl - 827, 1st tgt - 1000, 2nd tgt - 1200
classic, beginning of a new leg to the journey..breaking out after a massive 9 year long consolidation.. how many cup and handles can you see?
minimum target of the all time high..i.e at 900.keep trailing post that
It has made a fresh channel breakout we may see little decline in price... That decline will be a good opportunity for making long positions
Targets are 800/825/850
Perfect risk reward ratio...
Note: Do your own study before making any position...
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Positional as well as long term investment at CMP. Keep Sl of 665
for educational purpose only - as said earlier tata investment is now out of woods with bang and good volume that certifies its worth. so buy it on every decline with sl of 605 for 720.
for educational purpose - buy above 613 sl 600 target 713-715
Another breakout stock today