#18 Stock Update: TATA Steel- Double bottom at 367>>> But yet not confirmed
Market yet hovering around 4700 at 12:45 pm IST... What next??? Cant say anything until todays end but i found something interesting on tatasteel's daily chart and thats probable "Double Bottom". As you can see last bottom was at 367 while today bottom has slightly near to it 367.40 until now but i though risky buyers may take risk by going long on the stock for next week. Volume has not yet been so high on second bottom as on first bottom. But still anything can happen in last 2 hours so risk takers and go get tata steel with tgt of 421 as per my view... But keep strict SL of 365.