TATA STEEL PRICE NEARING A SUPPLY ZONE.

31. Aug. 2021

Tata steel price is near the XABCD bearish pattern's potential reversal zone. From PRZ the price could make a correction or breaking of the PRZ could lead to a short-covering rally.

For new long entrants, wait for one of these scenarios. The levels and the stop loss point are mentioned on the chart.

Happy trading :)

Only for educational purposes.

2. Sept. 2021

Trade ist aktiv

can go long above 1426

20. Sept. 2021

Trade geschlossen: Stop wurde erreicht

Took a reversal from the supply zone due to bad news from the metal sector.

Look for a buying opportunity 1276-1300 with strict stop loss below 1230.