UnknownUnicorn3420404

TATA STEEL 4H AND 1H TREND ANALYSIS

Short
UnknownUnicorn3420404 Mis à jour   
NSE:TATASTEEL   TATA STEEL LTD
TATASTEEL 4H AND 1H TREND ANALYSIS

1.Price is running in ascending channel .
2. DOJI and SPINNING TOP formation in upper range shows uncertainity. PRICE MAY EITHER GO UP OR DOWN. BREAKOUT IS MORE LIKELY POSSIBLE.
3.PRICE AND VOLUME DIVERGENCE.
4.RESISTANCE AT CURRENT LEVELS.

WILL LOOK FOR SELL SETUP IF SEEN WEAKNESS AMONG BULLS.
ALL THE PUBLISHED IDEAS ARE FOR MY OWN ANALYSIS JOURNAL PURPOSE. TO KEEP TRACK OF MY ALL ANALYSIS I PUBLISH IDEAS.

REGARDS
JUST A NOVICE ANALYST
Commentaire:
1.PRICE WASN'T ABLE TO BREAK ABOVE LONG TRENDLINE.
2.PRICE IS STILL IN RESISTANCE ZONE
3.ANOTHER SPINNING TOP FORMATION IN 4H SHOWS STRONG UNCERTAINITY.

*PRICE WILL GO DOWN. WILL LOOK FOR SHORTING OPPORTUNITY AFTER NEXT DAY CONFIRMATION.
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.