TATA STEEL | Time for Metals to Shine
It has been consolidating in triangle pattern since very long and it's on the verge of breakout. Metals have cyclical nature and CNXMETAL is also forming good pattern for breakout so seems like it is time for metals to shine. Ensure that volume is more than median during time for breakout to avoid false breakout.
Entry -: 117.45 (at least 1 hour closing candle)
Target -: 172
SL -: 104 (daily closing basis)
RRR -: 1:4
Use trailing SL after 1:2
Entry -: 117.45 (at least 1 hour closing candle)
Target -: 172
SL -: 104 (daily closing basis)
RRR -: 1:4
Use trailing SL after 1:2
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Feragatname
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