Hello traders!
Today, let's dive into $NSE:TATASTEEL. Here's the breakdown:
π Support Bounce: Tata Steel has recently touched its support at Rs.132 and is now making a move upward.
π Targeting βΉ140: The current trajectory suggests a push towards the near-term profit target of βΉ140.
πΉ Derivative Opportunity: For derivative traders, considering the 130 call option could be a strategic move.
β¨ Potential Upside: With good support, there's a chance for Tata Steel to soar higher. Keep a close watch for further developments.
π Dynamic Market: Always remember, the market is dynamic, and these are observations. Conduct your analysis before making any trading decisions.
π€ Your Take: How do you interpret Tata Steel's movement? Share your insights in the comments!
π Stay Updated: Let's navigate these markets together. Stay tuned for more posts and updates!
Best regards,
Alpha Trading Station
Today, let's dive into $NSE:TATASTEEL. Here's the breakdown:
π Support Bounce: Tata Steel has recently touched its support at Rs.132 and is now making a move upward.
π Targeting βΉ140: The current trajectory suggests a push towards the near-term profit target of βΉ140.
πΉ Derivative Opportunity: For derivative traders, considering the 130 call option could be a strategic move.
β¨ Potential Upside: With good support, there's a chance for Tata Steel to soar higher. Keep a close watch for further developments.
π Dynamic Market: Always remember, the market is dynamic, and these are observations. Conduct your analysis before making any trading decisions.
π€ Your Take: How do you interpret Tata Steel's movement? Share your insights in the comments!
π Stay Updated: Let's navigate these markets together. Stay tuned for more posts and updates!
Best regards,
Alpha Trading Station
Trade active:
Opened position at 7.20
CMP 7.50
CMP 7.50
Trade closed: stop reached:
Trade closed at BE
Trade closed: target reached:
Cash trade closed