Showing posts from May 1, 2014

Tata Sponge Iron - TARGET HIT

STOCK : TATASPONGE POSTED DATE :  24th JAN. 2014 POSTED SUPPORT :  365-345 POSTED TARGET  : 600-620 TARGET ATTACKED DATE : 30th April 2014  As posted it came down to 365-345 levels and repeatedly took support,  not one day but several days (between 28th Jan to 19th Feb) and yesterday, it attacked the mentioned upside target of 600-620 (made high 641 and closed at 567) ** So, from the mentioned support of 345 to mentioned target of   620 , that is 80% return, that to, it hit the target with in three months duration. *** Click the below chart to know its movements