Tata Steel cmp 434, 4 hour chart, forming Harmonic patternTata steel has already given breakout from daily weekly and rested support at 420 (please check daily weekly chart), with respect to breaish butterfly harmonic pattern , point no. A-B and if C holds @ 430 (where support trendline is also seen) it will again move up to complete the pattern. Target is coming around 530 with SL at 415 dcb cmp 434. Risk to reward is 1.5:10
Remember this pattern is valid only if point no. C holds, hence prz @ 430, if it respects will be updated here in same thread.
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