AbhishekHSinghCMT

Tata Steel- Bounces from 377 lows to 392

Long
AbhishekHSinghCMT Updated   
NSE:TATASTEEL   TATA STEEL LTD
4
377 was the key level, which ended the 4th wave in the wedge pattern- yet again gave support to Intraday bounce to 392- Now till the time 377 is intact downside- TS might do medium term upside to sideways move.

Previous Analysis- Started at 380-returned to 380- Click the chart & load the bar
Trade active: 12:34 Hrs 30th Dec2016

Last Price@390.50

When ever TS crosses 396 then one can look to buy for target zone 402-405 zone Intraday so don't forget to put a trendline alarm on this stock.

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

Twitter Handle
https://twitter.com/TalksWave

Telegram Handle
(Deleted)
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.