vanathi

Tatasteel says I am made up of Steel...

Long
NSE:TATASTEEL   TATA STEEL LTD
12
Tatasteel is making ascending broadening wedge in daily chart. Broadening wedges can provide good risk and reward trades. We need higher highs and higher lows in a small range for the formation of broadening wedges.Upper trend line should rise more steep than the lower trend line. On closing above the upper trend line of the broadening wedge price moves faster. Tatasteel is good for buy in dips strategy. Keep it in watchlist. I will update when I find entry level.

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