Thanks for the above analysis, metal stock are highly bullish and continue to soar exponentially contributing almost about 14% to the index. Tata steel is trading at all time high, gaining over 5% and with a 300% rally in 1 year, i think it will further grow.
Data source Qunatsapp
alishashukla
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Most traded futures - #TATASTEEL #BHEL #SUNPHARMA
Most traded leaps - #NIFTY
Most traded stock call options - #TATASTEEL
Most traded stock put options - #TATASTEEL
Data source Quantsapp
Chinmayonniftyy
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Is it still worth to buy at these levels?
Maximist
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@chinmaypatnaik, ,my long term targets are 3000-3500 levels . If you are considering for short term would recommend to wait for some pull back
Current price 1115
Chinmayonniftyy
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@Maximist, oh thanks. What about sail? I have entered at 130. What to do? Any pull back to average?
Maximist
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@chinmaypatnaik, you bought today?
Maximist
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@Maximist, if you want to average then look for 121 levels with stop loss around 113 levels
Chinmayonniftyy
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@Maximist, yes I'm planning to do that. I think it will cross 250+ in not more than 3M as the stock is in strong hands like RJ and Damani.
Data source Qunatsapp