HWHG trade ideas
Rally in TATASTEEL can be ridden till 1500+ levelsTATASEEL has been on a good bulllish run for a while now. Been trailing it from the time it has crossed the 1000 levels. Once it broke that psychological level, it never even went close to that again. This shows great bullishness in the stock and therefore we can expect further momentum. Earnings to also be posted soon by the company. Near term target 1500. Stop Loss can be the last intraday swing 1367. CMP 1436. Cheeers and let's hope we trail 1500 this time!!!
TATASTEEL - watch double topTATASTEEL trading at higher levels - with huge volumes
Currently facing resistance at this level - & also watch CNXMETAL -- also facing resistance --
Trading at 50/100/200 days moving avg's
Check NIFTY trend and also the current resistance level - before taking long position.
In short term, possible correction -- trade cautiously.
Please do own research before investing.