SHEHBAZ_KHAN

THIS IS TATASTEEL IDEA FOR TRADING

Long
SHEHBAZ_KHAN Updated   
NSE:TATASTEEL   TATA STEEL LTD
AS YOU CAN SEE THE CHART IS WEAK AS PER EMA BEARISH CROSSOVER IN SEPTEMBER MONTH AND RESULTS ARE ALSO WEAK
STILL NOT HAVE STRENGTH IN TATA STEE BUT DUE TO THE UK PM CHANGE AND MARKET CAP OF TATA IS SHOWING SOME BUYING. WE CAN SAY CHANGE WILL COME IN INDIAN STOCK LIKE TATA DUE TO (Rishi Sunak Ji) NEW PM OF UK

SYMMETRICAL TRIANGLE PATTERN

1st swing is broken with volume and stock trading is above 50ema with a RSI of 59.12 so we can say the target goes to its level which I've mentioned on the chart.T1 is major resistance if it breaks, the stock can go 113 level

EDUCATIONAL PURPOSE ONLY!
Comment:
MY T1 & T2 is already achived 👍🏻
Comment:
Stock is in a symmetrical triangle and facing rejection from 113 levels

it can break the symmetrical (up and downside) in the July 2nd week.

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