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Nitesh_Kumar
Feb 12, 2021 8:00 PM

TATA STEEL DOUBLE TOP PATTERN Short

TATA STEEL LTDNSE

Description

KEEP AN EYE ON TATA STEEL DOUBLE TOP PATTERN.
MACP CONFIRMS THE DOWNTREND
RSI INDICATES DOWNTREND
VOLUME ANALYSIS SHOWS SELLING
TAKE SMALL POSITION AND KEEP ADDING WITH TIME
SHORT IT
TARGET 1: 660
TARGET 2: 640
TARGET 3: 620
IF BREAKS DOWN 600 KEEP YOUR POSITIONS.
IF TURNS UP FROM 600 TO 620 LIQUIDATE POSITIONS

TARGET 3 IS EXPECTED TO HIT IN 3-4 WEEK AFTER
EXPECT A 10-15% DOWNMOVE

FOLLOW ONLY IF I AM RIGHT
Comments
sharmaumesh1967
Nice observation sir !!!! What should be time gap between two tops for accuracy ?
Regards
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