tatasteel in diamond pattern formation??

looks like tata steel in short term parallel channel diamnond chart pattern type forming let us see which side it break..

Trade chiuso: obiettivo raggiunto:

look below 1443 observed it gone down till 1360 near level 1356...
as in jspl chart posting written that despite some pattern b.o. some stock consolidating and not going as fast up..related with sector. sentiment.and market sentiment ..some thing they cautiously observing

Commento:

as diamond pattern target on short side from the 1443 around level was -163 (1519-1356)point so 50% of it nearly 1361 done today as t1 ....
t2 may be if fall continue till 1280 ...so ..
one can take care of this observation

Trade chiuso: obiettivo raggiunto:

1298 almost there and touched lower trendline ...