After significant consolidation in the price range of 250-280 , Tata Steel is ready to give an upside surge for a corrective cum indicative move of the next higher degree impulsive wave. Above the dotted trend line it will give an upside surge for a target range of 320-330.
Trading strategy:
Buy above 290 keeping Stop Loss of 265 for target range for 320-330.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.