TATA STEEL: A COMPLEX CORRECTION
Stock has retraced to 78.6% Fibonacci retracement of the first 3 leg on the downside. This suggests that stock is correcting into a complex flat corrective structure which can take the prices towards the level of 95 and 80 zone. On the upside key level is 135 for invalidation of this view.
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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twitter.com/mansh_25
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@TRADINGSUTRA @WAVESUTRA
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