ACETRADER9695
Short

TATA STEEL ANALYSIS

NSE:TATASTEEL   TATA STEEL LTD
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
Nov 29
Comment: LET LOWER TRENDLINE BE BROKEN ON CLOSING BASIS
Dec 03
Comment: broken trendline
Thanks
Reply
Requesting you to update the charts if you have to show new trendlines
Reply
@Pramodu, hi 399.85 is support if broken on candle closing basis in 15 minute chart then target 382 365.70 trade at your own risk though
Reply
am not sure ..am a begginer
+1 Reply
ACETRADER9695 kranthy0506
@kranthy0506, I MAY BE WRONG BRO
Reply
Bro.. i think that is bullish engulfing
Reply
ACETRADER9695 kranthy0506
@kranthy0506, NO PROBLEM STOP LISS IS UPPER TRENDLINE ON CLOSING BASIS APPROX 427 AND TELL ME IF THESE CANDLESTICKS PATTERNS LIKE BULLISH HARAMI ENGULFING HAMMER INVERTED HAMMER ETC. REALLY WORKED EVERYONE WOULD HAVE MADE PROFIT BUT YOU CAN SEE YOURSELF HOW MANY PEOPLE TAKE LOSSES AND PROFITS :) WELL GOOD LUCK
Reply
Liked your last statement....nothing works...analysis
Reply
@Pramodu, yes thats truth atleast for one day technical stuffy will fail
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out