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Tata Steel

Discussion in 'Technical Analysis' started by srspriya06, Feb 18, 2014.

  1. srspriya06

    srspriya06 Active Member

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    Tata steel is about to form inverse head n shoulder pattern. Above 435 is a breakout. Is it a buy or wait untill the breakout to take place ?
     
  2. vishuhd1

    vishuhd1 Member

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    The neck level breakout of the inverse head and shoulder pattern is at 395.. So, if the stock breaks 395 with volumes, then we can initiate a buy in this counter..