TataSteel has been trend in uptrend for a very long time and still its uptrend is intact and strong. For last few days it has been consolidating in a narrow range and I was waiting for its breakout. Today it almost had a breakout but closed a little bit shy of breakout that we can expect on Monday. Today most of the day it was trading at lower levels and during last session in last one hour suddenly it picked up momentum and before anyone could understand its move, it had already engulfed last 10 Days of candles and closed above all these candles.
We can expect resume of its uptrend from next week onwards and targets are much much higher in this stock.
Gann roadmap for TataSteel for coming days are:
1464 1483 1502 1521 1541 1561 1581 1601 1621 1641 1661 1681
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
We can expect resume of its uptrend from next week onwards and targets are much much higher in this stock.
Gann roadmap for TataSteel for coming days are:
1464 1483 1502 1521 1541 1561 1581 1601 1621 1641 1661 1681
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.