Tata Steel at High Reward Ratio Setup

已更新
It is been observed that the price action has previously breaks out from a channel and then retrace back to the previous channel trend line, forming a V shaped signaling completion of retracement and now the price action shall further move down toward 340 target levels decided on the facts:
1. Measurement of the breakout channel and
2. Previous Resistance levels now shall act as support levels.

Risk/Reward: 1/5

Target1: 342
Stoploss: 381

交易結束:目標達成
Target reached yesterday.
交易進行
Targets of JSW steel was achieved yesterday and now it is in progress to achieve targets.
Parallel Channeltatasteel