Tatasteel Looks Good !!TATASTEEL : cmp : 1158.35
A bull flag kind of pattern has been formed in daily chart.
BO done near 1116.
Possible TGT 1187/1202/1218/1237
Sl 1136 clbs
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Previous all Tgt achieved . Stock moved from 921 to 1100.
TATASTEEL trade ideas
TATA STEEL ANALYSIS 13 JUNE 2021STOCKS NAME:- TATA STEEL
Chart pattern : ascending Triangle breakout
after made a high of 1248 we saw some profit booking in Tata steel.
1146 level was a strong resistance for tata steel now tata steel has given breakout 1150 level and also close above with high volume .
Could be good trade if sustain above 1145 level .
Target 1: 1200 Target 2: 1240
Stop loss : 1136
Tata steel is now having consolidation Tata steel is on moving the range...it has 50EMA support at the prize of @1068, may if it will be breaks we see @1000, but if tata steel want to continue to go up side and touch its existing ATH so now on the current time need to breaks to trade up to @1111 , actually after big rally investors has booking profit , in india fii now buying on the banking sectors ...but the rally will be stop to bank sectors then again investor moved to buy heavily on the steel sectors as per the my experiences..one sectors has to buying more then one sectors to selling more to balance the market...