Description
â‹… Hello traders!
Today, let's dive into NSE:TATASTEEL. Here's the breakdown:
📉 Support Bounce: Tata Steel has recently touched its support at Rs.132 and is now making a move upward.
📈 Targeting ₹140: The current trajectory suggests a push towards the near-term profit target of ₹140.
💹 Derivative Opportunity: For derivative traders, considering the 130 call option could be a strategic move.
✨ Potential Upside: With good support, there's a chance for Tata Steel to soar higher. Keep a close watch for further developments.
🔄 Dynamic Market: Always remember, the market is dynamic, and these are observations. Conduct your analysis before making any trading decisions.
🤔 Your Take: How do you interpret Tata Steel's movement? Share your insights in the comments!
📌 Stay Updated: Let's navigate these markets together. Stay tuned for more posts and updates!
Best regards,
Alpha Trading Station Trade active
â‹… Opened position at 7.20
CMP 7.50
Trade closed: stop reached
â‹… Trade closed at BE
Trade closed: target reached
â‹… Cash trade closed