On Higher Time Frame 4Hr ...We can see Inverted hammer which indicate reversal .. It warns that there could be a price reversal following a bearish trend.....
You need to check again. There is no inverted hammer on 4hr time frame in tata stewl
Darshaann
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@Eagle001, whats ur view on tatasteel? bullish or bearish for today
Eagle001
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@DarshanSahuji, it will be bearish only if it sustains below 1110, then we can expect a target upto 1092 or 1087. Otherwise if it do not sustain below 1110 it can give an upside reversal