johnjen2088

tata steel bearish butterfly hidden inside on weekly chart.

johnjen2088 Updated   
NSE:TATASTEEL   TATA STEEL LTD
- inverted head and shoulder break out done, ascending triangle trend line break out done, pennant flag breakout done, R1 also crossed nicely.
- But bearish butterfly hidden inside on weekly chart which make some nerves among uptrends movement.
- new investor please wait for correction
- 140 is the trend line support.

this analysis is for learning purpose only.
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
Comment:
as discussed, it takes support from 140 range and breaks the weekly pivot R1 and it will move upside.
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