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Metallurgical sector is very bullish. Three companies completed a double bottom pattern with a time period of approx one month:
Trade plans are as follows:
1. TATASTEEL: Bullish/Double bottom/Entry-448.3/Target-509/SL-380
2. SAIL:Bullish/Double bottom/Entry-56/Target-64/SL-47
3. JINDALSTEEL:Bullish/Double bottom/Entry-82/Target-89.3/SL-64.7
Zee Entertainment bounced of a long term trend line. Also RSI in the oversold range. The long term trend is up.
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 8 | 9 | 10 | 11 | 12 | 13 | 14 |
| 15 | 16 | 17 | 18 | 19 | 20 | 21 |
| 22 | 23 | 24 | 25 | 26 | 27 | 28 |
| 29 | 30 | |||||
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