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TATA STEEL LTD
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TATA STEEL

By Dinesh_C_Nagpal
Updated
After making a double bottom it is now attempting to complete the Bullish Harmonic Dragon Pattern which suggests levels of 490 and 575. The view would go wrong if it sustains below 420. Double confirmation is weekly close above 440
Note
Minimum done but not dusted yet
Note
It is now close to its 1st expected resistance. Am expecting some consolidation between 510-490, post which it should resume its rally for the next expected resistance at 575.
Chart PatternsDouble BottomdragonpatternHarmonic PatternstatasteelTrend Analysis
Dinesh_C_Nagpal
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