TATASTEEL (75 min)
Small pole and a flag is seen . Height of pole is Rs.10 . Rectangular flag height is Rs.4
Fib drawn from swing high 405 to swing low 343
.618 level is 381.7
Last 5 days price is around this range
Buy above 385.75 for a target of 390 - 395
Volume is above avg
RSI > 60
Stochastic > 75 however red could cross blue
ATR is 5.84 . Therefore 1* ATR or 2*ATR could be target
Small pole and a flag is seen . Height of pole is Rs.10 . Rectangular flag height is Rs.4
Fib drawn from swing high 405 to swing low 343
.618 level is 381.7
Last 5 days price is around this range
Buy above 385.75 for a target of 390 - 395
Volume is above avg
RSI > 60
Stochastic > 75 however red could cross blue
ATR is 5.84 . Therefore 1* ATR or 2*ATR could be target
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.