Tata. Steel on verge of breakout after long consolidation ?
109
TATASTEEL is trading above 954 which is a signal for bullish breakout of head and shoulder pattern. According to chart patterns this scrip will result in a target of 1235. Long positions can be initiated for short to medium term. BTW today it will declare results too.
- Strong demand - Growth in overall segment - potential and record earnings - Stock split next week