TheDayTrader1010

Tata Steel Cup And Handle Breakout

Long
TheDayTrader1010 Mis à jour   
NSE:TATASTEEL   TATA STEEL LTD
Tata Steel Looking Bullish while Just near its All Time High for the second time. Nice Breakout given with More than Moving Average Volume while forming a Cup and Handle Pattern on 4H time frame.

1180-1190 acted as a major resistance zone earlier in the past. Post breakout candle was closed above 1190, a healthy retracement was observed taking support at the previous resistance of 1190 and again forming a bullish pattern with back to back two white soldiers.

A Fresh Buying Above 1250 levels can be seen.

Transaction en cours:
Stock Moved more than 19%
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.