TATA STEEL - Divergence asisted reversal of polarity1. Divergence with RSI on daily TF.
2. Still has not not broken the July candle range.
3. Look at the RSI. It has always taken an up thrust whenever it has come near the demand zone.
4. We have a similar formation in the stock this time.
The trend might reverse from here.
These are my insights. I can be wrong as well.
Ratantata
TATA MOTORS LTD: Connecting Aspirations - 2Sl - 136
Same stock like TATA MOTORS LTD but it covers the business of JAGUAR Cars and LAND ROVER also.
There is one more fundamental difference between two of voting rights of share owned.
But it is also a good share to be purchased.
See the analysis of TATA MOTORS on my profile.
So folks feel free to DM or comment.