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Indianstocks

Greate opportunity in Tata steels.So here is the 1 day chart of Tata Steel ,as you all can see it creates a head and shoulders pattern and give a breakdown, now it is coming back for retest. So in this case we have two opportunities 1- if it breakout the neckline and crosses it the next target would be 1470 which is its previous shoulder and if it even breakout shoulder the next Target is 1530 which is head. 2- the second possibility is that if it can't cross the neckline and reverse back than this is the sign of selling pressure and for this scenario we have target of 1250. From my observation there are higher chances of downtrend,but we have to aware of both opportunities 🙏🏿 Thanks and regards Ankit Mathela Keep trading 🔥
NSE:TATASTEEL
by mathelaindia05
Heromotors - Long setupExtremely Bullish charts on both daily and weekly timeframes HeroMotors is almost debt free with a good dividend yield of nearly 3%. Good ROE and consistent track record for paying healthy dividends From a technical standpoint, price is sitting on 200 Weekly Moving Average and right below the 200 Day Moving Average. Weekly MA will act as support and Daily may try and act like resistance zone RSI is peaking up and bullish undertone on both daily and weekly charts. Look for a break above 3000 for a potential target near 3600 levels. PLs do your own analysis before you take the trades
NSE:HEROMOTOCOLong
by LoveForCharts