TATASTEEL update

TATASTEEL today printed the level of 132 on cash after a long wait.
We initially expected it to rally for fresh calender highs above 124,
Took positions here on 24th,july,
just before its results were about to declared.
We also mentioned 107 as a very strong support here holding which print of 132 was guaranteed.
TIME wise we were expecting a higher high above 124.30 till 8th,AUGUST, it almost went there but missed by a penny.
going forward a daily close above 136 could extend this rally till 147 in next few days.

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