THIS IS TATASTEEL IDEA FOR TRADING
Updated
AS YOU CAN SEE THE CHART IS WEAK AS PER EMA BEARISH CROSSOVER IN SEPTEMBER MONTH AND RESULTS ARE ALSO WEAK
STILL NOT HAVE STRENGTH IN TATA STEE BUT DUE TO THE UK PM CHANGE AND MARKET CAP OF TATA IS SHOWING SOME BUYING. WE CAN SAY CHANGE WILL COME IN INDIAN STOCK LIKE TATA DUE TO (Rishi Sunak Ji) NEW PM OF UK
SYMMETRICAL TRIANGLE PATTERN
1st swing is broken with volume and stock trading is above 50ema with a RSI of 59.12 so we can say the target goes to its level which I've mentioned on the chart.T1 is major resistance if it breaks, the stock can go 113 level
EDUCATIONAL PURPOSE ONLY!
STILL NOT HAVE STRENGTH IN TATA STEE BUT DUE TO THE UK PM CHANGE AND MARKET CAP OF TATA IS SHOWING SOME BUYING. WE CAN SAY CHANGE WILL COME IN INDIAN STOCK LIKE TATA DUE TO (Rishi Sunak Ji) NEW PM OF UK
SYMMETRICAL TRIANGLE PATTERN
1st swing is broken with volume and stock trading is above 50ema with a RSI of 59.12 so we can say the target goes to its level which I've mentioned on the chart.T1 is major resistance if it breaks, the stock can go 113 level
EDUCATIONAL PURPOSE ONLY!
Comment
MY T1 & T2 is already achived 👍🏻Comment
Stock is in a symmetrical triangle and facing rejection from 113 levelsit can break the symmetrical (up and downside) in the July 2nd week.
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