Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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Metal index will be very weak below 5184 (15min close). It will confirm the breakdown of a trendline.
Tata steel may face good selling below 1085(5min close). if the index is weak tomorrow.
tatasteel already formed LL LH format in 1hr chart broke the trendline retested it and again coming down.
TATA STEEL BEAR GANG Dominated
TATA STEEL Broken the Bulls Heart
Today(May 20) unfortunately TATA STEEL had ended in a significant Strong Bearish Candle.
Finally TATA STEEL Broken the Bullish Channel.
Price Action Moves like a Lambo Towards the Ground.
Bullish Gap found Today. (Extremely Potential Signal)
Overall Strength RED LIGHT (May 21...
TATA STEEL Analysis through Complex Technical Analysis:
TATA STEEL is in a Dangerous Zone.
Once TATA STEEL Breaks the Channel it's next stop will be at either 1042.00 or 1014.00 or even below.
Current Situation, TATA STEEL is running out of Momentum. ADX is Dropping from a height of 45.
Expected RED Candle Tomorrow.(May 19, 2021)
Shorting would be...
TATA STEEL (NSE) Expected to break the channel tomorrow (May 17, 2021). If it happens TATA STEEL might stay on Reversal Trend. So, its a very good clever idea to make Short Selling. Stay tuned with Me and TATA STEEL. Check my other ideas and a like helps me to do better. THNX.