TARGET: 96
STOPLOSS: 80
TATA STEEL IS Bouncing of it's trend line showing correction completion. But RSI is not showing the verification but price action verify the action.
TCS today has given a breakout on a larger triangle & smaller triangle, post its results today. We expect the stock to take first resistance near its all-time high at 2275 levels. A confirmed breakout above that level can lead to 2742-3000 levels. NSE:TCS
Tata Steel Trades using Blue Sky Plus Indicator. Spend less time in doing analysis. Just plain follow the indicator. Message or Comment to get a free trial of the indicator.
Tata motors Daily chart shows that the price is sitting on support at 160 levels.
At the same time, one can see Bullish Divergence which indicates a bounce from here.
If 160 level fails, Stock will find support at 134-140 levels.
Based on my "xMRSI-Progresser" predictive trading methodologies, its going to be a GREEN candle on 21-Sep-2018 for TATASTEEL
Buy Above(5Min candle close): 622.8 for targets -
T1: 627.5
T2: 630.3
T3: 633.2
SL: 617.8
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and...
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