johnjen2088

tata steel bearish butterfly hidden inside on weekly chart.

johnjen2088 Mis à jour   
NSE:TATASTEEL   TATA STEEL LTD
- inverted head and shoulder break out done, ascending triangle trend line break out done, pennant flag breakout done, R1 also crossed nicely.
- But bearish butterfly hidden inside on weekly chart which make some nerves among uptrends movement.
- new investor please wait for correction
- 140 is the trend line support.

this analysis is for learning purpose only.
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
Commentaire:
as discussed, it takes support from 140 range and breaks the weekly pivot R1 and it will move upside.
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.