TATA STEEL LTD

Tata Steel Ltd. - When will it breakout of the Triangle Pattern?

460
Tata Steel Ltd.

The stock is consolidating in a symmetrical triangle pattern in the daily chart.

Technical indicators are neutral. Time-Trend indicator is Bearish.

If the prices give the downward breakout fromt he triangle, the prices might swiftly move to 254 in couple of days.

However, it is likely to see breakout above swing high of 290 levels and the price can touch 305 price point.

KEEP AN EYE!!

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