#Tatasteel
Remain cautious:
From 1050, the 5th wave seem to be unfolding.
As long as it holds "1275", it can continue to move higher.
A daily close below 1315 would arrest it's uptrend in ST.

More from Van Ilango (JustNifty)
If you're interested in learning #priceaction , this is your 1st step - Read this book.
#Elliottwave puts #PriceAction in it's context
— Van Ilango (JustNifty) (@JustNifty) December 2, 2021
You're 1 undisputed expert on prime source of everything, #PriceAction
Let beginner start with #PriceAction & then step up to 12345 & ABC
Baby steps alone will take to maturity
Read this book months ago - "Rich Experience shared"\U0001f64f https://t.co/VUbG6F5Ems pic.twitter.com/PProaFsMsV
Sometimes extreme volatility brings prices below 21Sma briefly
OR, it just moves between 13 & 21 & move higher
Channel bottom comes around "17300"- no guarantee that every time it touches the channel bottom
Patience pays
IF you miss a trade, wait for the next
They always come🙂🙏 https://t.co/CfVFhgbFxl
OR, it just moves between 13 & 21 & move higher
Channel bottom comes around "17300"- no guarantee that every time it touches the channel bottom
Patience pays
IF you miss a trade, wait for the next
They always come🙂🙏 https://t.co/CfVFhgbFxl

Is it better to buy when price below ema 21 ?\u2026 as SL will be less
— TaksJ (@TaksJoh) February 16, 2022
You could follow "#Movingaverages Trading system with 2 MA (13 & 21Sma)" in simple way or add 1 or 2 additional strategies
Simple: When 13 moves above 21 in "15 Minute t/f for Intraday only", BUY
When 13 moves below 21 in "15 Minute t/f for Intraday only", SELL as in a SAR system
Addl.strategy: When prices move far from MA, say 150 to 200 pts, "Part book" & re-enter when prices pull back to MA
Choose to do this way 1 or 2 times only for intraday
Idea is "Mean Reversion" - Prices tend to move back to MA IF they move far away from MA in a trending phase.🙏
Simple: When 13 moves above 21 in "15 Minute t/f for Intraday only", BUY
When 13 moves below 21 in "15 Minute t/f for Intraday only", SELL as in a SAR system
Master just one doubt about the re-entry part
— Sunny Singh (@SurendraSinghJi) February 10, 2022
You mentioned to re-enter at 17430 levels.
How to initiate the trade at the lowest point when the candle is in the formation mode.
Is it that when the price touches 21ma we should entry longs till 13ma is above 21ma.
Show path \U0001f64f
Addl.strategy: When prices move far from MA, say 150 to 200 pts, "Part book" & re-enter when prices pull back to MA
Choose to do this way 1 or 2 times only for intraday
Idea is "Mean Reversion" - Prices tend to move back to MA IF they move far away from MA in a trending phase.🙏

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Here's the most useful #Factualist comparison pages #Thread 🧵

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https://t.co/Kf7uVKekMd #Etymology #words
Another common #question:
What is the difference between “alias” and “pseudonym?”
As nouns alias means “another name; an assumed name,” while pseudonym means “a fictitious name (more literally, a false name), as those used by writers and movie
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