Tata Steel has formed a cup and handle pattern, the handle looks like a triangle pattern. Stock gave a break out from the triangle and has come to re test the pattern. On successful test i see Tata to be at 400.
*For educational purpose only
Bata is standing at an important support, I see a head with double shoulders. On breaking on 1230, Bata might go way too down.
Today's (14th july 2020) candle is a bullish candle and Bata might give one final try to break its previous high of around 1340, which would act as a resistance now. I personally think the chances of a sustained upside are very...