Tata Steel Cup And Handle Breakout
Tata Steel Looking Bullish while Just near its All Time High for the second time. Nice Breakout given with More than Moving Average Volume while forming a Cup and Handle Pattern on 4H time frame.
1180-1190 acted as a major resistance zone earlier in the past. Post breakout candle was closed above 1190, a healthy retracement was observed taking support at the previous resistance of 1190 and again forming a bullish pattern with back to back two white soldiers.
A Fresh Buying Above 1250 levels can be seen.
1180-1190 acted as a major resistance zone earlier in the past. Post breakout candle was closed above 1190, a healthy retracement was observed taking support at the previous resistance of 1190 and again forming a bullish pattern with back to back two white soldiers.
A Fresh Buying Above 1250 levels can be seen.
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Stock Moved more than 19%