First things first the Tata steel has finally given a breakout from downward trend, but still we have to wait for one more confirmation candle which is simple and after confirmation the target will be short because it is clearly visible from the chart that there is a resistance at 125 level if it breaks that then the next target will be 140-150.
However stop loss might be the question but don't worry the answer is simple 😉 SL will be slightly below the upward trend line which will be around 105-107.
DISCLAIMER:-It's all analysis not a recommendation.
However stop loss might be the question but don't worry the answer is simple 😉 SL will be slightly below the upward trend line which will be around 105-107.
DISCLAIMER:-It's all analysis not a recommendation.