#TATAMETALI 23%$return $TCS $TATASTEEL $JSWSTEEL $HINDALCO $SAIL

2 May 2021

#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.

2 May 2021

Not

Compare with peers
NSE: JSWSTEEL
NSE: TATASTEEL
NSE: SAIL
NSE: HINDALCO
NSE: JSL
NSE: STEELCITY
NSE: JINDALSAW

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With 💚 from Rachit Sethia

4 May 2021

İşlem kapandı: hedefe ulaştı

In Less than 2 working days target reached!