Tata Steel -last time was picked right at the bottom, but one should not get excited as I am used to such excitements & money which follow.
I am taking this structure as a complex W-X-Y structure unless the market proves me wrong by going below 366 -swing low in that case our 2nd wave is done at recent high@383.85 & we will start most exciting wave downside for TataSteel.
Else
Tata Steel will move again move in the zone 382-385 with swing low 366 -intact.
Regards, Abhishek H. Singh, CMT
Comments
ramesrin42
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Hats off to you dear abhishek for all your analysis
WaveTalks
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Thanks. Hope we don't get trapped in market turmoils like what happened today as of 29th Sep2016