An important level for heavy drop or bounce back, do look for confirmation such as retesting or extreme resistance to the level
Double bottom guaranteed target , rally has already formed apologies for late alert however target looks very close and strong .
Clear and obedient double bottom , Green line being target and last bottom wave as target
Beautiful and strong Double bottom green line being target and bottom wave as stoploss
Double top over strong support, Its already in a bullish move green line being target and bottom of wave being stop loss
Keep watching breakout will happen of 8% either up or down, too early to say at the moment will post comment for further clarity post breakout
Symmetrical Triangle along with two bearish candle not penetrating further down give a bulling indication
Green line is expected to be target based on golden rule of double top in conjunction with triangle formation , considering both it reflects strong potential.
TATA STEEL heading down to next support 161% of Fibonacci level confirmed with previous support levels expected target 348 on downside