TATA STEEL -- INTRADAY SETUP- 11/07/2022TATA STEEL -- INTRADAY SETUP -- 11/07/2022
1. As per daily chart , hourly chart look like metal stocks like Vedanta, tata steel, jindal steel and hindalco seen strong short covering,rollover at last few session, stocks are bottom out at extreme oversold level and looking for trend reversal after some profit booking in last season,
2. TATA STEEL look good after given lower channel breakout and now after pullback again retest channel lower support at 15 min chart where 21, 200 HMA shown good support and can shown upmove in next trading session after some profit booking in last session
3. BUY can initiate at intraday at 880-885 level for intraday target 890-895-900 and stop loss can place bellow trendline support at 872
4. intraday support and resistance shown on chart
5.RSI at 41 at daily chart
THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk .!!
HAPPY TRADING !!
Search in ideas for "TATA STEEL"
TATA STEEL --INTRADAY SETUP --28-11-2022TATA STEEL - HOURLY CHART --INTRADAY SETUP -28/11/2022
1. tata steel hourly chart seen trading at lower channel
2. last hourly candle seen breakout on lower channel at above 105 level
3.RSI seen abobe WMA and above 60 level now bullish for short term
4. one can initiate BUY on intraday at 106 for target 108-109-110 and stop loss 103 level
5. intraday support 103.75 , 105 and resistance 107.50, 110 as mention on chart
THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk..
Comments and suggetions are welcome .!!
HAPPY TRADING . !!
TATA STEEL SHORT TO MID TERM SWING#TATA STEEL given breakout in day time frame, making harmonic bat patter, taking support from dynamic trendline & also making lower high on weekly time frame.
Buy around 103 TO 104
TGT 112, 118, 122
Stoploss 100 on day closing basis.
Disclaimer :
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
TATA STEEL BSL LTD SWING GO FOR A LONGTata steel bsl is in flag and pole pattern in 1 week time frame. its now trading at price 88 INR but in upcoming 60 days it will touch 130+.
It could be a very good swing trade.
TATA STEEL ANALYSISTechnical Analysis
According to chart Tata Steel has entered its first support range of 1080-1060. If it falls further it can go to previous all time high level of 880. After that support for Tata Steel is the range of 600-700. One can add small quantities at every level for mid to long term investment.
Fundamental Analysis
PE Ratio : 17.88 (Undervalued in comparison to peer companies)
Sector PE Ratio : 23.76
TTM Eps : 256
Book Value per Share : 631
Below data for previous 5 years.
Revenue Growth : 7.61%
Sector Revenue Growth : 8.94%
Market Share : 32.85 % to 31.55%
This analysis is just for educational purposes and not an investment advice.
long on TATA STEEL BSLtata steel bsl is getting in very attractive valuation buy it for an 1target-108/-
Long Tata Steel BSLTata Steel BSL
NSE:TATASTLBSL
Cmp - 93
Stop - Nil, Add more on relevant dips
Expectation -
T1 - 450
T2 - Open, Review at 450
Expected Holding Period - 2 years or earlier for T1
Technicals - ✅
Fundamentals - ✅
View:- Investment
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Potential Breakout in TATA STEEL BSLTATA STEEL BSL NSE:TATASTLBSL is consolidating for 1 month while making falling wedge pattern
and a potential breakout is shown with high volume in 1 hour time frame