This analysis was done in live market. As 
TATASTEEL opened with a huge gap up during the opening bell(making the week's new high) I looked for typical patterns in smaller time frames and identified a pretty clear Ascending Triangle pattern. After a few consolidations a positive breakout occurred and closed above the resistance, therefore I took an entry and decided a reasonable target point. The strong uptrend lasted for almost 30 mins and the price failed to make a new high, this was almost a 20 rs upside and a sufficient lot size would've done the trick. As of writing this, TATASTEEL is trading indecisively in a sideways trend and is probably traded by computers.
-Happy Trading !!!
TATASTEEL opened with a huge gap up during the opening bell(making the week's new high) I looked for typical patterns in smaller time frames and identified a pretty clear Ascending Triangle pattern. After a few consolidations a positive breakout occurred and closed above the resistance, therefore I took an entry and decided a reasonable target point. The strong uptrend lasted for almost 30 mins and the price failed to make a new high, this was almost a 20 rs upside and a sufficient lot size would've done the trick. As of writing this, TATASTEEL is trading indecisively in a sideways trend and is probably traded by computers.-Happy Trading !!!
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.