Tata Steel Elliott Wave?

Hey friends,

We saw Elliott waves on Tata Motors last time.

Now's the time for Tata Steel. It's forming some very good & interesting counts.

What do you guys think will happen in this stock? any ideas?

Interested friends would please contribute ideasssss!!!!!

Is this a challenge? definitely not, it's an idea for good interaction, period!!!!!

So lets start off, on a good discussion.

See ya all here on this thread.

iTrader

First and Foremost please explain whats Elliott Wave.Does it shows bullish patterns or bearish ones?What were the key take away from Tata Motors Wave?

Hey, how you doin?

Elliot wave is a study, which shows how the markets are going to behave in the coming times.

It is a very powerful study, which foretells the waves which are going to form in the future: short/medium/long term. It also depicts where the probable targets are & how long it might take for prices to reach. Time is not very important in this study, but prices are more important.

Please do a search on SE to get more information.

Thanks, & I hope my explanation was clear

Best Regards.

iTrader