THIS PREDICTION IS BASED ON A HARMONIC PATTERN AND THE HARMONIC PATTERN IS 100% ACCURATE AND10000% RISKY BECAUSE IT IS AGAINST THE TREND METHOD...
HOPE YOU ALL FIND SOME VALUE Here...
~Disclaimer: "I Am Not Sebi Registered Advisor" All views and charts shared in this terminal are purely for...
RSI divergence observed in Tata Steel Ltd that has been on a bull run for almost a year. Unsure if one should book profits.
* I am an amateur at stock trading and analysis. My word is as good as a horse on mushrooms.
As we can see clearly that in my chart the market gave the red candle before closing.
I know the market was volatile on Friday but looking at the previous factors we can say that the asset usually falls from this area and the another confirmation is the Resistance line which threw the market back from this point.
Market is Ranging between 1808.804 and 1797.878
There is a Buying Opportunity above 1809.123
And a Selling Opportunity below 1796.930
Wait unlit it breaks these levels or 30min candle closes above this levels.
For impulse entry trade at London or NY Timing,
When 30min candle cross these levels switch to 1min or 5min time frame for best...
Sell @ 89.750 and stop loss @ 89.970
It's not advisable if you are taking a trade on behalf of this then use stop loss and proper money management.
If you like please drop a like for more trade like this
We are in short from 15735 levels and still looking good for Targets 15565 and below.
Remember it's a long-term trade but gives you a good big profit.
To motivate me, Please like the idea If you agree with the analysis.