Tata Steel- Bounces from 377 lows to 392

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.