miraldesai

Tatasteel Potential Triple Bottom Formation

Long
miraldesai Updated   
NSE:TATASTEEL   TATA STEEL LTD
Technically on the daily charts we see major support on the downside @ 1060 levels, whereas minor resistance on the upside is capped around 1210/1225 levels
If breaches minor resistance on the upside and closes above it, we may see fresh breakout and TATA STEEL can Lead towards higher levels around 1375/1429 and 1479 levels in Short Term.

Next major resistance @ trend line @ 1210/1225 level to watch.

Above views For Educational Purpose Only.

Regards,
MD
Trade active:
Tatasteel Fut Goes Long @ 1216 SL 1160
Trade closed manually:
Covered Tatasteel Fut @ 1208 ( trade closed )
Trade active:
Tatasteel Fut Goes Long @ 1200 SL 1160
Trade closed manually:
Tatasteel Fut Covered @ 1191 ( trade closed

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