Daily chart broke out from three times resistance, and just a few days ago, RSI55 showed this breakout.
I am bullish on this company for near term.
That price action line (2H) was a resistance line and then became Tatasteel's support line and today, it took little support from here.
I am expecting this stock to go up.
The price saw a bullish trend as soon as it took support from the price which was previously a resistance.
or it may go sideways.
As you can see, price is hovering near the resistance line. It will either go up slowly, day by day, as it's going these days or it will go down until the support line meets.