Tatasteel has good bulish flag pattern breakout. Above 133-135 closing can give good upside in the future. It should sustain or retest the flag top levels.
Trade active
Breakout is done in the day candle.
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Target 1 138 hit. waiting for next 153.
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correction to above 136 hit today. But it has strong pattern. Can go above it in upcoming days.
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Yesterday US market steel sector rallied. Today may be india steel market will boom.
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Consolidating around 135. below 133 short term bearish.
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Overall sell off in the markets. should stabilise today then look further.
Trade active
this is super active now.
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Target1 done 138. Now it should sustain above it for next target.
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Ready for the next move.
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moving towards. Target2
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target2 about to reach
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now it should break the 153 again then ready for next target 169.
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Target3 done. can move next.
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creating W pattern breakout near Target3. soon next targets coming. Fresh entries can be done near 150 levels.
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Getting ready for 200 mark.
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165-168 support zone. if it breaks it can start down move. Above it bullish only.
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