TATA POWER has broken ALL TIME HIGH that has been made 13 years back.
Volume is good.
Which indicates a strong buying opportunity.
ENTRY : Buy above 165
SL : 150 CBSL
TARGET : 180/200/220
NOTE :This post is just for educational purpose. Do consult with your financial advisor before taking any trade.
Reasons to enter in a long trade in TATA STEEL :
1. Has broken the 52wh with good volume
2. Good Earning results
3. MACD crossover
Note: Please do your own analysis before taking a trade, as i am still in a learning phase.