Search in ideas for "TATA STEEL"
Tata Steel LongWe have plotted regression line, anchored VWAP signal and Elliot wave in hourly time frame. Stock is having robust fundamental strength with PE of mere 5.63. Anyone can go long in Tata Steel , if stock is goes above VWAP line i.e. INR 111.10 . Stock is having potential to go up up to INR 119-125 in near future .
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TATA STEEL BULLISHIt looks like Tata steel has completed double Zig Zag correction and now it's new impulse if it's not a tripple correction......as of now we will consider it a new Impulse as we can see wave 1 have of new impulse is of 5 sub divisions. However it may also be A.... and 2 did in the form of wxy and started wave 3 or C..... Tgts shown on the charts
Tata Steel FuturesI am writing this so that you all are ready and cautioned about the OUTCOME starting Monday...... We will get a REVERSAL on the Indices starting Monday....... but I cannot say how Long it will say to complete the Selloff....
1. NF fall by apprxx 475 to 730 points.
2. BNF fall by apprxx 1400-2300 points
3. tata Steel future ....... The chart is self explainatory. I have seen all the SETUPS on the Charts and it does not Look Good at all. It is NOT GOING to be a 1 way upmove. My advice to you all...... If you are LONG..... Cover it at open on MONDAY Morning. I DO NOT see more thana 150-170 point upmove on BNF from where the entire Selling will take place. BE CAREFUL..... I AM WARNING YOU ALL
Trend Analysis on TATA STEELTata Steel is forming a pole and flag pattern in 4 hours tf and expects an uptrend breakout in the coming month. I'm hoping for a price around 94-96 as a good entry point for short-term trading. Because of the previous major rejection, a reversal from the 108-110 level is expected on the above chart.
TATA STEEL | TECHNICAL ANALYSIS | BY - shadow(the noob trader)This is my attempt to analyze the price of TATA STEEL using Technical analysis.
You can go for a long because:
1. A good TD trend line breakout.
2. Sideways rectangle breakout.
3. A good volume breakout.
4. A good retracement after the breakout.
5. Above the 50 days MA.
Disclaimer: This is my first attempt at technical analysis so I would not suggest you take this too seriously, but feel free to point out my mistakes.
Tata Steel Looking BullishAs per my analysis, Tata Steel is looking bullish on hourly chart.
The major support is @ 1069
On hourly chart it is also showing Bullish divergence.
Once can keep this stock on watchlist with a target of @ 1238
PS - This is for educational purpose only. Trade at your own risk. Happy Trading!
#TataSteel
TATA STEEL VIEWHi, Tata Steel gives breakout in triangle pattern after long time, Now it is consoldating in range, Wait for range breakout Then we can see good momentum, Generally pattern showing FLAG & POLL Pattern after breaks trendline, After range breakout we can see level of 1370, 1425 & all time high. Let's see.
Tata steelAlmost all metal stock are in good uptrend after long consolidation... Market leaders are the stocks need to keep on radar for long-term investment... Tata steel CMP: 1254 sl: 1000( small to mid term) 820(wcb) for long term. Target: 1550/1700/1850/2350..since this stock are FNO stocks they will not move in rapid speed but they will keep growing and make your portfolio strong and intact
Note: educational post