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CuriousChartist

TATA STEEL - Cup and handle + Retest

Pembelian
TATA STEEL LTD (NSE:TATASTEEL)  
CuriousChartist Diupdate   
NSE:TATASTEEL   TATA STEEL LTD
Trend Analysis Chart Patterns Technical Indicators tatasteel cupandhandlepattern cupandhandlebreakout retest priceactionanalysis Technical Analysis breakouttrading lowriskhighrewardplay
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trendanalysis chartpattern indicator tatasteel cupandhandlepattern cupandhandlebreakout retest priceactionanalysis technicalanalysis breakouttrading lowriskhighrewardplay
Travelling in a Parallel Channel.
Along the way it formed a Cup and Handle pattern and most importantly it broke out with good volumes.

Retested back to the line of least resistance and is now all set for anew journey.

All this is happening at the bottom of the Parallel Channel is great for the stock to head back to the top of the Channel.

Low Risk and High Reward
Komentar:
Nifty Metal index is turning weak on account of a divergence. Suggest to book 50% profits
Trading ditutup: target tercapai:
Booked 100%
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.

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CuriousChartist
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