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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