safri
Short

TATASTEEL - Short Setup - Median Line Analysis

NSE:TATASTEEL   TATA STEEL LTD
Please refer the chart for analysis.
Thanks.
Comment: Nice price action. New pivot is formed exactly at a support of downsloping modified schiff pf sliding parallel.
Comment:
Nice analysis bro .. i think the price may take a move up before it falls, RSI divergence plus structure level.
+1 Reply
gulz gulz
+1 Reply
gulz gulz
+1 Reply
Good analysys, Just observed that Pitchfork is steep so mod schiff PF is catching the frequency wanted to inform you
+1 Reply
safri praveen.bhatiya
@praveen.bhatiya, Agree. Modified SChiff catches the price frequency better. Thanks a lot.
Reply
@praveen.bhatiya
Need your views on this idea.
Reply
@safri, PITCHFAN looks good but I have never used it so no idea. There was no reference of it in the course material.
Reply
safri praveen.bhatiya
@praveen.bhatiya, Yes. Pitchfan isn't there in Dr. Andrews original writing. He did mention about drawing fans but not the pitchfans.
Reply
@safri, It seems a great tool. I've been experimenting with it. Thanks for bringing into my notice.
Reply
safri praveen.bhatiya
@praveen.bhatiya, You're welcome.
I am finding it very useful. I too haven't used it much. Even I have been experimenting it since last few days and finding it really helpful.
Reply
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