Tata Steel in Demand Zone
When Tata Steel enters a demand zone, it means buyers are likely to step in, providing a potential reversal or strong bounce. Instead of using indicators, let's analyze it purely based on price action.
Identifying Tata Steel’s Demand Zone
A demand zone is a price area where buyers have shown strength before. Look for:
✅ Historical Support Levels – Areas where price reversed multiple times in the past.
✅ Strong Rally After Base – A zone where price consolidated before making a sharp move up.
Identifying Tata Steel’s Demand Zone
A demand zone is a price area where buyers have shown strength before. Look for:
✅ Historical Support Levels – Areas where price reversed multiple times in the past.
✅ Strong Rally After Base – A zone where price consolidated before making a sharp move up.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Checkout -> t.me/+RxMJZ-xOGy02MjBl
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.