the_consolidation_guy

Ascending Triangle in TataSteel

Long
NSE:TATASTEEL   TATA STEEL LTD
Notes:

  • Looking forward to a long position beyond the resistance range right above the pattern,
  • In case that fails, I might look at an alternative short position with the final target around 1.5% from the breakdown levels.

Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
Comment:
Also noted an ascending triangle considering the candles on the day before.
Trade closed manually:
Got a pattern breakdown the day after I posted the pattern.
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