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.