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TheChartians

TATASTEEL HEADED FOR A BIG BREAKOUT

Long
TATA STEEL LTD (NSE:TATASTEEL)  
TheChartians Updated   
NSE:TATASTEEL   TATA STEEL LTD
Trend Analysis Chart Patterns Technical Indicators tatasteel tatasteel_long tatasteel_buy tatasteel_tradingsetup long-term longsetup
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trendanalysis chartpattern indicator tatasteel tatasteel_long tatasteel_buy tatasteel_tradingsetup long-term longsetup
BREAKOUT TO TRADE:

Nifty Metal Sector has gave weekly closing above 61.8% Fib Retracement which means Metal Sector is now officially in Bullish Trend.

Our Long Term Pick is TATA STEEL

REASON :
1. Symmetrical Triangle!
2.Metal Sector Staring at a Breakout!
3. Removal of weak hands done last week.

TARGET : 1500+
SL IS WEEKLY CLOSING BELOW 595


Trade closed: target reached
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