Tata steel reversal confirmation

After earlier prediction of Tata Steel as reversal candidate. My estimated stop loss was hit. However we now have a good confirmation of Tata Steel reversal.

5 comments:

zen said...

you have used the word 'reversal confirmation'... is it bullish turning bearish OR bearish turning into Bullish...?

there are people like me who could not understand ....

~zen

yagnesh said...

Good that you asked...
It's bearish turning bullish.
You can see the Arrow for breakout facing upward.

zen said...

How do you read TataSteel now ... reached the same level (270) again today ?
~zen

yagnesh said...

This is cyclical stock and will surly give 320~340 levels by may2016

yagnesh said...

Ah target achieved in April itself....

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