as i shoed you on the chart tatasteel may start a new long trend . trade with your own risk
PERFECT REVERSAL SETUP FORMED. BUY CMP 682 AND ADD ON DIP AT 677.20 SL CANDLE CLOSE LOW BELOW KS TARGET 688.80 H4 KS
We have a Mid level Buy Signal for Tata Steel now confirmed by all other aspects of Ichimoku. One can enter long here CMP 549.95 and add more at 537 Target 820 If stocks sustains above 820 then it will start new uptrend.
My earlier message about this scrip is void. It was only till the expiry which was today. This sector has seen too much of negativity in the short run. Technically, the price has broken the downward pattern. It has to test the high to contemplate a run downwards. 86 is the short term target and 91 for medium term **if the short term goes well**.
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron