#TATAMETALI TTATAMETALI CMP: 1055.70 Target: 1300++ May Hold if longer time frame planned. Stoploss: 897 (on close price basis) Time Frame: Less than 3 months.
Factors: Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Higher Highs & Higher Lows. Breakout above RESISTANCE levels Trading at SUPPORT levels Fundamental are strong. High Revenue High Cash flow Asset Quality Good. Earnings report & quality strong EPS Positive Risk Return Ratio is healthy. And Rising from the Bottom to Bullish Wedge Pattern Breakout to Flag Pattern Breakout. The stock has given a all time high breakout. Potential to reach high further.
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