March 20, 2015

Falling Wedge of Tata Steel


  • Falling wedges acts mostly as bullish reversal pattern.
  • Weekly chart is nearing a crucial support zone between 317 - 330. Bigger falls possible if this zone is broken.
  • Tata steel bulls must sustain above 342 which is the golden ratio. They must also move above the daily cloud for a possible reversal to start.
  • CRUDE OIL TREND UPDATE
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