Tata Steel- Started at 380 & returned back to 380- Amazing!!!
From my previous updates, "Bounce from 380-382 zone- it was a complex correction in Tata steel which travelled ((w))-((x))-((y)) wave-2 & completed at 435 levels. ((w))- started wave from 380 lows where wave-1 got completed from top@441.50 top after completing a wedge pattern- which I have told in the community- its a wedge pattern which is unfolding here so whenever you get a chance to sell at the top- don't miss it.
Wave-2 - A simple rule wave-2 cannot retrace 100% of wave-1- Here was the magic one could have taken this opportunity of selling right at the top-close to 441-442 high zone- as strict stops as going above that level- pattern invalidates.
Is it Wave-3 which started from 435 highs- currently sitting at the same level where it started its journey- 380- Isn't that amazing!!!
Previous update- Bounce from 380-382- Click the charts & load the bar
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.