TATA STEEL LTDUpdated TATA STEEL - DOJI
DOJI FORMED. ONCE THE PRICE TRADES ABOVE 472, THEN TARGET IS 488.
IF THE PRICE TRADES BELOW 462, THEN 455 AND 441 ARE THE LIKELY TARGETS.
AS PER MY OBSERVATION, THERE SHOULD BE A PULL BACK TO 480+ AS THE PRESENT LOW IS MULTIPLE BOTTOM AND IS FORMING A STRONG SUPPORT.
BUT THE DELIVERY IS 12% INDICATING THE LOW CONFIDENCE TO GO FOR DELIVERY.
IF THE PRICE TRADES BELOW 462, THEN 455 AND 441 ARE THE LIKELY TARGETS.
AS PER MY OBSERVATION, THERE SHOULD BE A PULL BACK TO 480+ AS THE PRESENT LOW IS MULTIPLE BOTTOM AND IS FORMING A STRONG SUPPORT.
BUT THE DELIVERY IS 12% INDICATING THE LOW CONFIDENCE TO GO FOR DELIVERY.
Note
REACHED 448 LOW.
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Disclaimer
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.