an imminent breakout/breakdown on cards. levels on chart. Trade what you see. Don't try to predict future - a lesson learnt today
target as per the pattern should be 80 points below handle , but that seems awfully too much. Can tata steel fell that much. i dont know. Better wait for the breakout in downward direction.
pivot points are targets. watch out for pink lines , strong possibility of reversals at those points so treat them as possible targets
levels on chart beware of pink lines , high possibility of reversal from there so partial exit at those points instead of waiting for all targets
levels on chart. SL as per your risk tolerance use other indicators for confirmation before entering trades. I am not liable if trade fails. if markets were perfectly predictable who would you sell/buy your stock to.
stock is forming inverted cup and handle on daily chart along with a gap up opening which may get filled tomorrow. Also there's a naked virgin POC that's waiting to be touched T- 351
Sell below 1228 for T- 1213, 1207, 1186 Buy above 1250 for T-1257, 1278, 1315