Tata steel spot cmp 420
Bearish BAT pattern formation
PRZ around 419 to 422 levels.
Rising channel patter :- counter is trading around resistance line of rising channel formation
RSI divergence :- price making higher and RSI making lower high,, bearish divergence..
AT cmp counter is good short candidate
Pattern violation above 433 levels on closing basis
Down side 400,,390.380 levels possible..
Bearish BAT pattern formation
PRZ around 419 to 422 levels.
Rising channel patter :- counter is trading around resistance line of rising channel formation
RSI divergence :- price making higher and RSI making lower high,, bearish divergence..
AT cmp counter is good short candidate
Pattern violation above 433 levels on closing basis
Down side 400,,390.380 levels possible..