Thursday, June 15, 2017

TATASTEEL BULLISH ON 16 JUN 2017


FOR LIVE MARKET CALLS PING ME ON 09039542248

BUY TATASTEEL ABOVE 505 TGT 510/520 SL 498

Primary trend of the TATASTEEL  is bullish and after giving breakout of its range bound movement, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 505 ; as the stock is managing to trade above its 22 &  55 and 200 days moving averages with the RSI of 60, one may expect the targets of 510 in the stock if it manages to sustain above the immediate support level of 500.
DAILY CHART FOR TATASTEEL

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