TATASTEEL - Short Setup - Median Line Analysis Short

NSE:TATASTEEL60

TATA STEEL LTDNSE

Description

⋅ Feb 19, 2018 2:48 PM

Please refer the chart for analysis.
Thanks.

Comment

⋅ Feb 21, 2018 5:24 PM

Nice price action. New pivot is formed exactly at a support of downsloping modified schiff pf sliding parallel.

Comment

⋅ Feb 21, 2018 5:25 PM

Comments

gulz

⋅ Feb 22, 2018 5:08 AM

Nice analysis bro .. i think the price may take a move up before it falls, RSI divergence plus structure level.

gulz

⋅ Feb 22, 2018 5:13 AM

@gulz,

gulz

⋅ Feb 23, 2018 7:36 AM

@gulz,

praveen.bhatiya

⋅ Feb 21, 2018 3:58 AM

Good analysys, Just observed that Pitchfork is steep so mod schiff PF is catching the frequency wanted to inform you

safri

⋅ Feb 21, 2018 4:33 AM

@Praveen.bhatiya, Agree. Modified SChiff catches the price frequency better. Thanks a lot.

safri

⋅ Feb 21, 2018 4:57 AM

@Praveen.bhatiya
Need your views on this idea.

praveen.bhatiya

⋅ Feb 21, 2018 2:09 PM

@safri, PITCHFAN looks good but I have never used it so no idea. There was no reference of it in the course material.

safri

⋅ Feb 21, 2018 5:10 PM

@Praveen.bhatiya, Yes. Pitchfan isn't there in Dr. Andrews original writing. He did mention about drawing fans but not the pitchfans.

praveen.bhatiya

⋅ Feb 21, 2018 5:08 PM

@safri, It seems a great tool. I've been experimenting with it. Thanks for bringing into my notice.

safri

⋅ Feb 21, 2018 5:15 PM

@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.