Tata Steel has made a rising wedge on the daily chart with RSI 14 negative diversion.
If rising wedge breaks, one can go short below 628 Target 615-605-595.
Daily Chart are hereby for your reference
(Click on image to enlarge)
Tata Steel Trade Setup
Tata Steel has made a rising wedge on the daily chart with RSI 14 negative diversion.
Disclaimer:
The 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. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication of future returns.
Comments
Log in or sign up to join the conversation.