TATA STEEL TRADE SETUP

Tata Steel has made a rising wedge on Daily chart with RSI 14 negative diversion. So if rising wedge breaks one can go short below 628 Target 615-605-595.

Daily Chart are hereby for your reference

Tata Steel Daily Chart

 

Disclaimer

Above Views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk and willing to accept them in order to invest in the markets. Don't trade with the money you can't afford to lose. This page is neither a solicitation nor an offer to acquire/sell any script. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication for future returns.

1 thought on “TATA STEEL TRADE SETUP”

  1. Tata Chemicals said that the company is in advanced stages of discussions and negotiations with Indorama Holdings BV, Netherlands (subsidiary of Indorama Corporation, Singapore), for the potential sale of its Phosphatic Fertiliser Business located at Haldia and the trading business comprising of bulk and non-bulk fertilisers.Equity tips

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