Treda_pro

Tata Steel - Elliott Wave Count

Short
NSE:TATASTEEL   TATA STEEL LTD
Tata Steel - Elliott Wave Count

Based on Elliott Wave analysis, it appears that Tata Steel has recently completed Wave B and has now started Wave C. The stock is expected to decline further, with the downside target being in the 80 range. This indicates that the stock may be a good candidate for short selling or for investors looking to buy at a lower price point. It's important to keep an eye on the stock's movement in the coming days and weeks to see if it continues on this downward trend.

however, if the market breaks above 136 the view is invalid.

Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading.

TATASTEEL TATASTEEL1! TATASTEEL TATASTEELPP



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.