Tata Steel Positional Call as on 07-03-2019. Almost half target achieved in just one day.
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Stock seems to be having a strong support at 6500-680 levels, however it is also making lower highs with the same lows. Might fall further if gives a close below 6480 for 2 consecutive days
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Looking at charts it seems that Nifty had a complex correction from the 10000 levels and also a clear head and shoulder can be seen.
I feel this is the last leg of up move that the market is showing before falling once again to 10000 levels.