To interpret past patterns on the assumption that 'history tends to repeat itself' is the base of analysis of financial markets and economic factors. Metals companies like Tata Steel, Sesa Goa and Jindal Steel & Power are some of the Index stocks which are showing the same repeated chart patterns like sharp vertical rise, small top formation, sharp vertical down fall and again sharp vertical rise in parabolic trend. Prices of these stocks has reach below 2003 levels. Fundamentals of India as changed in last 10 years. So on both ground these stocks are the best multibagger investment bet for 1-2 years horizon. One can buy with the stop loss of recent lows, for the target of life highs.
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