TATA STEEL ANALYSIS

Updated
IT HAS GIVEN BREAK DOWN IN A BROADENING PATTERN ON CLOSING BASIS THEN IT HAS TRIED TO COME BACK TO LOWER TRENDLINE AGAIN. NOT REACHING UPPER LINE IS SIGN OF WEAKNESS AND MEANS LOWER LINE WILL BE BROKEN AND IT WAS BROKEN TARGETS FOR SHORTS ARE GIVEN STOP LOSS MIGHT BE 427 APPROX CAUTION: NOTHING WORKS IF NEWS COMES AGAINST YOUR ANALYSIS
NOTE: TRADE AT YOUR OWN RISK
Note
LET LOWER TRENDLINE BE BROKEN ON CLOSING BASIS
Note
broken trendline
Chart PatternsHarmonic Patternstatasteeltatasteel_shortTrend Analysis

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