TATA STEEL LTDLong
Long Position on Tata Steel
The Candles are forming a morning star emoji. I can identify a support leave near the current price range however the closest resistance is near 400. Taking a 3% variance and booking profits at 388 and setting a stop loss at the low of of the formation still provides a great Risk Reward Ratio.
The MACd cross happened Also the RSI levels are oversold.
The MACd cross happened Also the RSI levels are oversold.
Disclaimer
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.