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Dinesh_C_Nagpal

TATA STEEL

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TATA STEEL LTD (NSE:TATASTEEL)  
Dinesh_C_Nagpal Updated   
NSE:TATASTEEL   TATA STEEL LTD
Harmonic Patterns Trend Analysis Chart Patterns tatasteel dragonpattern Double Bottom
3
0
harmonicpatterns trendanalysis chartpattern tatasteel dragonpattern doublebottom
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
Comment:
Minimum done but not dusted yet
Comment:
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.
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