Tuesday 18 October 2016

Second Target Achieved - TATA Steel 18 Oct 2016


Target Achieved - TATA STEEL  LTD. (TATASTEEL)



Our First Target for TATASTEEL (CMP - 426) dated 14 Sept 2016 for 403--407 achieved on 07 Oct 2016. Second Target for 424 dated 7 Oct 2016 achieved on 18 Oct 2016.


Past 6 months daily trend



Suggested at 373.90, reached 426.00 - 13.93 % upwards


Had formed resistance at near 380 levels crossed it with a Bullish trend and expected to high further.

As per the trend, it is expected to correct soon up to a level of 400--390 and then rise back again for next target of 450--455.

If does not correct and continues to rise will touch 460--470 levels shortly.

Expected to form next resistance at 480--490 levels.



HOLD FURTHER AND DON'T PANIC DURING CORRECTIONS.


Next Target 480+ levels - Book Profits here

Open Call!



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