Tata Steel Inverted Cup and Handle Pattern

4 oct 2020Tata Steel looks weak and appears to be forming an Inverted Cup and Handle Pattern in the daily chart. I would look to short it in the supply zone of 370-375 for targets of 360/343/330.

5 oct 2020

Comentarios

I have put SL on two consecutive closings above 380

5 oct 2020

Operación activa

CLOSED AT 382. WILL WAIT FOR ONE MORE CLOSING ABOVE 380 TO EXIT.

6 oct 2020

Operación activa

Closed below 380 levels

7 oct 2020

Operación activa

Closed at 371. Drop below 370 levels might open 360 levels

12 oct 2020

Comentarios

Made a low of 362.