Tata Steel Anticipated Happened and Elliott Wave Analysis

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 Tata Steel hourly chart anticipated on 6th Feb 2021

Tata Steel hourly chart happened on 1st Mar 2021


In my previous update I had mentioned about Tata Steel is, "Tata Steel is moving in a positive territory and can reach till 735-745 price zone going ahead with support at 640 (closing basis)."

This article was written when the price was quoting at 685 and it reached my mentioned level of 735-745 thus gaining 9%- Anticipated Happened.

To now about my previous article on Tata Steel, click on the link

https://www.marketanalysiswithmeghmody.com/2021/02/tata-steel-elliott-wave-analysis.html

As of now it is trading in wave 5 in which it is moving in wave iii of wave 5 and then it will move down to complete wave iv of wave 5 and then final leg of the impulse. So there is still room for prices to move higher from current levels.

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