Trade-Wealth

Tata Steel - Investment Pick

Long
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NSE:TATASTEEL   TATA STEEL LTD
One can invest TATASTEEL for target of 700, 770, 850 & 900. SL 550. A breakout above 580 required for confirming for investment strategy.
Trade attivo:
585 on closing basis
Trade attivo:
Fundamental guys waiting for results, but chart suggest to invest in Tata Steel. Hopefully delivering better results can fuel further rally towards our targets.
Commento:
The results were out, TATA Steel posted 4 fold profit over Q1
Trade attivo
Commento:
It may test 700 within August, future guys look for dip around 610 for entry. 620 itself looks attractive.
Commento:
Use dips for longs
Commento:
Within August 680 visible; let's hope for the best.

Commento:
So it has retested the GAP at 600 and bouncing sharply. May be right time to enter now?

Commento:
Such a high pressure
Commento:
15 Mins chart. Double bottom in making

Commento:
Another pattern found. Bull pole & flag ;-)

Commento:
Hope to see 640 levels by Monday.
Commento:
Flag & pole pattern was working out at last; it may witness 640
Commento:
Crossing is much important for Tata Steel. 645
Commento:
So far 20% up
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few bucks away from first target level of 700.
Commento:
T1 done
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Good going
Commento:
T2 770 done suggested at 560
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