TATASTEEL HAS FORMED CUP WITH HANDLE PATTERN ONDAILY CHARTS

Cup with Handle pattern in an uptrend resembles that the trend continues.So any declines can be used to accumulate longs. Open interest and huge roll over figure also indicates that the prior trend continues.

So buy on dips around 502-505 with stop loss at or below 480 closing basis for the targets of 540+++. Short term positional call.

Here is the snapshot:Screenshot (28)

Leave a Reply

Your email address will not be published. Required fields are marked *