TATA steel 7 wave Correction.
Educational purpose only: TATA steel makin new expanding Barrier Triangle combination@ wave (X) .
It was notified the market trend is continuous coming days.. That was wave (z) will be arriving (1000 or 930) levels.
7 wave price move very confident trade setup for long term holdings . Why I am saying this... If WXYXXZ correction was end by the market.. Next we take long term position without fear of anything....
Ex: nifty already formed same correction 7 wave price move Wave A after that corrections nift rally to wave B of higher degree.
But Herein similar degree
TATA steel similar degree of wave 4 correction it will be end within a days after rally to wave 5 formation
It was notified the market trend is continuous coming days.. That was wave (z) will be arriving (1000 or 930) levels.
7 wave price move very confident trade setup for long term holdings . Why I am saying this... If WXYXXZ correction was end by the market.. Next we take long term position without fear of anything....
Ex: nifty already formed same correction 7 wave price move Wave A after that corrections nift rally to wave B of higher degree.
But Herein similar degree
TATA steel similar degree of wave 4 correction it will be end within a days after rally to wave 5 formation
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