gpzweb

TATASTEEL Bounced from 50 EMA Long term Long Opportunity

Panjang
NSE:TATASTEEL   TATA STEEL LTD
Looks bullish monthly timframe as it has began moving up strongly after break of bull pennant and making higher high and higher lows. Also recently just bounced from near 50 EMA and a previous support
Expected a small retrace near to 0.5 fib level on weekly timeframe along with bearish crossover in aroon indicator.
There is a hidden bullish divergence in weekly timeframe which also indicates strong bullish move soon
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.