Tata Steel Anticipated Happened and Elliott Wave Analysis

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 Tata Steel daily chart anticipated on 30th June 2021



Tata Steel daily chart happened on 12th July 2021


In my previous update on Tata Steel dated 30th June 2021, I had mentioned that "Tata steel is positively poised and can move higher from current levels and can test 1250 levels followed by 1280 levels over short term."

Today prices opened at 1254 levels thus achieving my first target for the steel stock thus, gaining 6.30% in span of 7 trading sessions - Anticipated Happened.

To read the previous article on Tata Steel click on the the below link

https://www.marketanalysiswithmeghmody.com/2021/06/tata-steel-elliott-wave-analysis.html

Now my second target is still pending which can be achieved in coming trading sessions thus completing wave (iii) followed b wave (iv) and wave (v), thus completing wave v in extension within extension. I will monitor this stock and keep updating, but one thing is sure that the stock still has upside left.


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