TATASTEEL - 15m TF

Oct 19

TATASTEEL has formed a clear support line ( Trend Line) with multiple touch points, as the month TF didn't have any break of structure(BOS) on the sell side, the market is still considered to be in uptrend. Moving down to the 15m TF the market has a resistance with multiple touch points and if it breaks the resistance zone with a good volume a long position could be expected.

Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades TATASTEEL

Nov 11

Trade closed: stop reached

Stop loss of 0.63% has been hit and the trade was closed