Hello friends a month back I have spotted the reversal and
told you that I am “neutral” on buying Tata Steel. There wear many reasons to
be neutral. But I have told you that “Tata Steel is in a downtrend, and follow
the channel”. Tata Steel doesn’t reach your support and resistance. Thus caused
a bit nervous and confused but, I was right saying Tata Steel in downtrend.
Today I am once again back saying I have once again spotted
a reversal. This time it’s not “Profit Factor” it’s “EGO Factor”.
This time I am playing Tata Steel with targets of
370/375/380+. SL 340
Note: When you are
uncertain in buying any stock “Never Buy”. It not only creates confusion, it
leads you in a state of “Panic”, which cause you to make low profit, sometimes
loss. I have avoided Tata Steel as was not confident in buying.
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