AbhishekHSinghCMT

Tata steel- Careful at the tops @393-395

Short
NSE:TATASTEEL   TATA STEEL LTD
View is valid only below 395 levels- Do not sell if stock not falling below or holding above this level.
Looks all mess upside & choppy moves. Possibly finishing Wave-x (circled) within Wave-Y. Only if Index Nifty moves above 12025 - I will avoid selling else -I am looking for steel to fall in final wave -Y
Targets - 385-387 / Below 385- Target -370 / Below 370 Only- Target -360/ Below 360 (Strictly follow the levels) -343 & Final Target - 300 in next few weeks & months ahead.
Comment: 11:55 Hrs/ 19th Oct2020
Nifty Last Price - 11825

Nifty again stopped close to 11870-11880 - careful traders!!!

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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