Shorabh

Tata Steel forming bearish patterns.

Short
Shorabh Updated   
NSE:TATASTEEL   TATA STEEL LTD
#Tatasteel has formed bearish wedges and bearish symmetrical triangle pattern.
On the last trading session i.e. 12th May 2023, Friday this script has broken down and has also formed bearish divergence.
One can short this script for a target of 104 & 100 with a stop loss at 109.
Comment:
Achieved target 1 and reversed.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.