TATASTEEL HEADED FOR A BIG BREAKOUT

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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 [CMP : 703]

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


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Chart PatternsTechnical Indicatorslongsetuplong-termtatasteeltatasteel_buytatasteel_longtatasteel_tradingsetupTrend Analysis

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