Tata Steel - Elliott Wave Count Based on Elliott Wave analysis, it appears that Tata Steel has recently completed Wave B and has now started Wave C. The stock is expected to decline further, with the downside target being in the 80 range. This indicates that the stock may be a good candidate for short selling or for investors looking to buy at a lower price...
Long above 908, Keep trailing profits on the drawn resistances, SL below 898 Short below 890, Keep trailing profits on the drawn supports. SL 915 You can also do scalping on the drawn lines.
Long above 905, Keep trailing profits on the resistances drawn, SL - 890 Short below 897, Keep trailing profits on the supports drawn. SL 910 You can also do scalping on the drawn lines