BUY tatasteel AT 502 TGT 513/520
SL 488
FOR LIVE MARKET CALLS FILL UP THE FORM GIVEN
HERE>>>>>
Primary trend of the stock is bullish and is
consolidating at the higher level after bullish move. It is expected to
continue the bull run with the crossing of the resistance level of 522, as the
stock is sustaining above its 200 and 22& 50 days moving averages with the
RSI of 65. One may initiate the long position above the mentioned level for the
targets of 502 and with the strict stop loss of 488.on the other side it is
likely to show correction with the breach of the support level of 488, where
one may initiate the short position in it for the targets of 480,470 while stop
loss can be placed at 510.
DAILY CHART FOR TATASTEEL
No comments:
Post a Comment