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Dinesh_C_Nagpal
Feb 14, 2022 9:31 AM

TATA STEEL Short

TATA STEEL LTDNSE

Description

Hello and welcome to this analysis on TATASTEEL
After consolidating near 1050 it gave a sharp bounce back within a corrective structure that went onto test its falling upper trend-line.
Now as long as it does not sustain above last THURSDAY high there is a strong probability of resumption of its downtrend in the Z leg of the complex WXYXZ it has initiated from its high.
This down move could take it to 1075 and if that does not hold then 875-900.
Comments
Super_B_XinR
Bold prediction. But now it looks less lucrative.
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