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this_is_shoaib
Feb 10, 2022 7:43 AM

TATASTEEL POTENTIAL REVRSAL ABOVE 1250 Long

TATA STEEL LTDNSE

Description

Tatasteel has been in a constant downtrend for making lower highs and lower lows for the past 6 months.
This seems to a reversal point and a start for an uptrend.

1.Reclaimed the flip level.
2.Crossed 200 ma.
3.Broke the counter-trendline.
4.Gave a rally after making triple bottom last week.

It would be better if we see a consolidation before the rally

Buy above - 1250
Targets mentioned in the chart above.

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Comments
traderanamta
Looks promising, confluence of zones
this_is_shoaib
@traderanamta, Thankyou, it's up by near 3% after entry.
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