The frypan bottom occurs when small real body candlesticks slowly move downward and then move in a neutral to upward direction. The frypan bottom pattern is complete when a bullish candlestick gaps up from the rest of the candlesticks.
Tata Steel Going sideways for few Days and now ready to give BO Trade only if stock is giving Gap up or gap Down Opening Targets can 1358 to 1400 for short term with Sl Below the candel Low.
If share Gaps Down can sell the share with SL 1249 On closing basis.
Tata Steel Going sideways for few Days and now ready to give BO Trade only if stock is giving Gap up or gap Down Opening Targets can 1358 to 1400 for short term with Sl Below the candel Low.
If share Gaps Down can sell the share with SL 1249 On closing basis.
Trade closed: target reached
Those who have taken trade can make their position cut by 50% and wait for more in the metal sector. Place Stop loss at 1380 on a closing basis.