HIT 338.85 FROM 320 LEVELS PENNANT BREAKOUT ON 30 MINUTES TIME FRAME NOW CONSOLIDATING
has made engulfing at the resistance...looking for selling
Daily Chart indicate movement towards 350.80. There after may breakout
Tata Steel Likely to test 350.8 again and may breakout...
Tata steel tip for intraday trade on 22 jun 2020
PENNANT formation going on. CAN WE EXPECT A breakout for higher levels. expecting a rise to 340 levels. BULLISH ON CHARTS with support at 318 levels on lower end.
would like to enter again as it has come to retest the nroek level/....
As per the pervious support and resistance we got three targets(T1.T2,T3), Stop Loss set as per the support has been created past couple of weeks.
316 and 297 possible entries. however keep an eye out and hop in if it does reach there or buy on the confirmation of break of resistance and 200 day 351 which is yearly VWAP . chart has the levels!! remember lots of opportunities out there its all about the entry and exit . Personally i feel we boom the hell outta this resistance :)
follow up on earlier LTF graph .. this should be fun tomorrow looks almost ready to pop.
OVERALL NIFTY METAL SEEMS TO BE IN DOWNTREND AFTER RESISTING THE HIGH , TATA STEEL COULD TEST POC SOON VIEWS AND SUGGESTION INVITED
More Bullish I can see in momentum
NSE:TATASTEEL looks bullish above 349 levels. Currently facing a head on resitance. Any close above 349 can take it higher levels.