TATAELXSI has broken out on the weekly charts IT sector will benefit alot in the future if rate cuts are going to take place in the US
Target: 9000
Further target: 10000+
Stop loss: 8350
Long term trade, even a no stop loss and adding on the dips would be good
Risk: Expectations of the Fed notbeing able to provide a "Soft landing" would result in the markets tumbling which would result in the stock going towars our stop loss level
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.