Tata steel bsl is indicating pole and flag formation also has a double bottom support 88. Potential up move provided in the charts.
Tata steel price is near the XABCD bearish pattern's potential reversal zone. From PRZ the price could make a correction or breaking of the PRZ could lead to a short-covering rally. For new long entrants, wait for one of these scenarios. The levels and the stop loss point are mentioned on the chart. Happy trading :) Only for educational purposes.
breakout of the zone good momentum on the daily time frame price and volumes good bullish outlook
NSE:TATASTEEL Buy Tata Steel in SIP 310 Near 330 - 320 SL 290 T 368 390 425
TATASTEEL CAN BE BULLISH ACCORDING TO MY ANALYSIS AT WEEKLY FIB 61.8 AT LOWER TRENDLINE 400 STRIKE PRICE HAS THE HIGHEST PUT OI DISCLAIMER TRADE/ INVEST AT YOUR OWN RISK