HWHG trade ideas
Opportunity to long Tata SteelTata steel is trading in a rising channel and currently placed at the bottom of the same channel.
Long position can be opened for the potential of 15% to 20% upside in coming months.
Stop-loss can be placed below the channel support on daily closing basis.
This idea is for education purpose only, please do your own analysis before entering any trade.
Morning StarA morning star is a visual pattern made up of a tall black candlestick, a smaller black or white candlestick with a short body and long wicks, and a third tall white candlestick.
The middle candle of the morning star captures a moment of market indecision where the bears begin to give way to bulls. The third candle confirms the reversal and can mark a new uptrend.
Script = Tata Steel
Time Frame = 15 min