245 calendar days and 35 weekly candles time cycle matures this week.. So trend change possible in this counter,, as current trend is on bullish side,, we can see trend change at current scenario ,, Retracement of 0.382 to 0.50% of current rally can be seen,,,
Rudra brother.... good analysis. I think it is following your pattern and lets see the further journey.
kiran2k7
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Not sure how it's moving up and up.
Nation wide lockdown will bring all construction to stop and no demand for steel.
Please advice as I'm holding 1220 PE.
RUDRA007
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@kiran2k7, I have 1 lot short at 1170.. and will hold it till 900 levels thats my view and i follow it,,
kiran2k7
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@RUDRA007, Do you mean this expiry (Options or Futures) ?
kiran2k7
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TATASTEEL is a heavy weight stock on Nifty, either Nifty should fall or other sectors should balance the Nifty fall/down.
Nifty's rally is supported by Metal Stocks last week.
Per your analysis as it completes 245 calendar days and 35 weekly candles time cycle matures this week let us see if the stock follows your analysis next week (to initiate the down trend).
At the end of next week, let us re-check the reversals.
JagdishKumarPahuja
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Your calculations has gone completely wrong .sorry
RUDRA007
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@JagdishKumarPahuja, game started this week and you already gave judgement that the study gone wrong,, wah,, you are an expert
girijabiswal
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technical nothing showing up for reverse. Can time cycle factor count here for a reverse?