shivamishra023

TATA STEEL 15/3/2021 BEAR MOVE!!

Short
NSE:TATASTEEL   TATA STEEL LTD
1.On daily time frame the green trendline shows Rising wedge you can have a very clear view on 1Hr time frame.
2. Also there is a HEAD & SHOULDER pattern formation which atually tested the support 710 strong support and moved upward and continuing the downtrend.
3.On 15/3/2021 it can open gap up, test the 723 levels and should start the gap up filling procedure making very bearish and may breeak the support if gets good volume .
4.LEVELS TO NOTE
A. Gap up level
B. 723 resistance level sellers may show
activeness.
C. Target to be kept keeping the volatility in
mind T1=711 to 710 , T2=704 to 702
T3=696 to 694

-SHIVAM MISHRA
MGB
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