Search in ideas for "TATA STEEL"
tata steel cup and handle & ascending wedge- tata steel has formed sup and handle and ascending wedge pattern on daily chart
- if broken the monthly resistance R1 the stock may move further
- at present the stock is within monthly narrow range
- expecting the cup size movement at upper side
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
TATA STEEL SHORT TERM VIEWTATA STEEL
KEY RESISTANCE LEVELS (136/138).
The stock has been facing resistance at 136/138 levels multiple times. We saw a breakout candle on 2nd Feb.
Follow-up buying will lead the stock further higher.
Stock price if sustains above these levels Expected move upto 160 , 180 .