Tatasteel has formed a triangle pattern and in consolidation since August 2021 as seen in this weekly chart. This pattern has a huge potential for a superb breakout so the tgts would be 127 , 150. The ADX and MACD are also supporting the view so a buy with SL below 104 on weekly closing would be a great 1:3 ratio.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.