📈 Pre-open MTF #PriceAction Analysis by #KRMG (31 Aug)
👉 Stock 2- #TATASTEEL
👉 Sector - METALS
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - Stock is in uptrend in Hourly timeframe and has given an IMPULSIVE UPMOVE then it is able to close near days High & on Yesterday it broken the important resistance of range High 1415 Level
15 Min Trend is Bullish and it also is able to close near the Day's High so Buyers are dominant till now and a good breakout above CRITICAL ZONE may lead it to reach till 1470 Level
🎯 Coming to sectoral pattern - #NIFTYMetals after retracement to 5200 Level now may start again Uptrend till 6000 Level
#KRMGPriceAction
#LearnWithKRMG
👉 Sector - METALS
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - Stock is in uptrend in Hourly timeframe and has given an IMPULSIVE UPMOVE then it is able to close near days High & on Yesterday it broken the important resistance of range High 1415 Level
15 Min Trend is Bullish and it also is able to close near the Day's High so Buyers are dominant till now and a good breakout above CRITICAL ZONE may lead it to reach till 1470 Level
🎯 Coming to sectoral pattern - #NIFTYMetals after retracement to 5200 Level now may start again Uptrend till 6000 Level
#KRMGPriceAction
#LearnWithKRMG