Tata Steel Analysis!Tata Steel Daily Analysis
Symmetric Triangle Pattern Formation in Tata Steel
Tata Steel has made Symmetric Triangle Pattern. I did all analysis on the daily Timeframe chart and also metioned Projected profit over there. Symmetric Triangle Pattern is a continuation pattern. So i am waiting for the clear Breakout / Breakdown . As price gives Breakdown / Breakout we can initiate our trade in this way.
Keep an eye on Tata Steel and wait for which side it will give Breakout / Breakdown!
Search in ideas for "TATA STEEL"
Tata Steel ready for the uptrend!🤩💸🔥Buy Tata Steel for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
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💡Key triggers for future price-performance:
India’s share in Tata Steel’s overall consolidated production capacity has risen from 29% in 2010 to 57% in 2020 and is likely to reach 73% by 2030. For FY22E, Tata Steel is targeting over US$2 billion gross debt reduction wherein it will prioritise offshore debt repayment.
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Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too.
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The stock had given a 13-years long Volume Breakout in April 2021 and then after it has been in a retracement phase from August 2021 with decreasing volumes. Now with the formation of a Double Bottom in a Weekly timeframe stock is poised for a strong rally will begin from current levels.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
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LIKE, COMMENT & SHARE 😄😄😄
TATA STEEL (Forecast for 21/5/21 [NSE])TATA STEEL BEAR GANG Dominated
TATA STEEL Broken the Bulls Heart
Today(May 20) unfortunately TATA STEEL had ended in a significant Strong Bearish Candle.
Finally TATA STEEL Broken the Bullish Channel.
Price Action Moves like a Lambo Towards the Ground.
Bullish Gap found Today. (Extremely Potential Signal)
Overall Strength RED LIGHT (May 21 NSE:TATASTEEL )
TATA STEEL (Forecast for 19/5/21 [NSE])TATA STEEL Analysis through Complex Technical Analysis:
TATA STEEL is in a Dangerous Zone.
Once TATA STEEL Breaks the Channel it's next stop will be at either 1042.00 or 1014.00 or even below.
Current Situation, TATA STEEL is running out of Momentum. ADX is Dropping from a height of 45.
Expected RED Candle Tomorrow.(May 19, 2021)
Shorting would be a Great Idea NSE:TATASTEEL
GANN Fans shows that a Down Trend will start soon.
My own Developed Indicator tells me to Sell Positions.
So there will be a Potential Bearish Trend.
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TATA STEEL 1HRINTRADAY TRADE
- EARN WITH ME DAILY 10K-20K –
TATA STEEL Looking good for Downside..
When it break level 166.57 and sustain.. it will go Downside...
SELL @ 166.57
Target
1st 165.74
2nd 164.72
FNO
TATA STEEL OCT FUT – LOT 5 (Qty-27500)
TATA STEEL OCT 172.5 PE – LOT 1 (Qty-5500) – PRICE (8.15)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
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Tata Steel Good BuyHello fellow traders,
Tata Steel recently experienced a breakout from its established trend line a few weeks ago. Currently, it appears to be retracing towards the ascending trendline from above. This retracement could present an attractive buying opportunity for investors.
Additionally, on the price chart, Tata Steel has formed a symmetrical pattern. This pattern is characterized by a series of lower highs and higher lows, creating a converging shape. In the context of this symmetrical pattern, it's reasonable to anticipate that after breaking out of this formation, Tata Steel's stock price may potentially ascend by around 63 points.
To explain further, a symmetrical pattern suggests a period of indecision in the market, where buyers and sellers are in equilibrium, resulting in a converging price structure. The breakout from this pattern often leads to a significant price movement, which, in this case, is expected to be an upward move of approximately 63 points. This could provide a trading or investment opportunity for those looking to capitalize on the stock's potential upward momentum. NSE:TATASTEEL NSE:NIFTY
Safe trader can wait for 115 level to buy
Tata steel : Journey started for multi X fold return?As I have mention all in the chart, 60MA is my personal stratagy and view for entering trade.. and 200 EMA in which all people believe.
Why to buy TATA STEEL ?
> TATA STEEL has break out long term trendline.
> Taken support at : 1. Previous gap 2. 60MA line
> Volume is consistently increasing from past weeks as compare to previous year .
> Economy is reviving. As you all know , Steel is largest manufacturing product and infrastructure as well as real estate is going to develop again in coming years...So demand , profit and all the parameter increase.\\
Now, It's best time to invest.
Disclaimer :
These are my personal view. please consult your financial advisor before making any investment.
Tata Steel - WaveTalks - Can Tata "Steal" The Shine !!! 250-300+Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
Tata Steel
Tata Steel is a portfolio stock -If I am correct & it holds above 250 (strictly) or later below 250 - we look for buying opportunity close 180-200 zone which another important support for Targets
300 / 520 / Above 520 for 650 & crossing 750 - Wonder Waves (Wave 3)- Waves to behold as written in books.
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Auropharma
Last Video Idea - Is it Ready for Explosive Journey !!!
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ITC
Bullish Bat from 157-158 Zone for 162/165/170/176
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Nifty Index
Selling The Channel Top With Harmonic Pattern at 9850
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Wonder Waves Part 1 - Picking The Bottoms at 7700
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Wonder Waves Part 2- Can Patterns Repeat at 8055
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Wonder Waves Part 3 - Traditional Patterns Target -9600
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Thanks for watching the video & your precious time.
Tata Steels Ltd Long @ Rs 1185 or BelowNSE:TATASTEEL
Entry 1185 or Below
Target 1290
SL 1125
Time: 5 Week
CMP 1186
Tata Steels Ltd is trading at 1190 and in a downtrend for a long time . Price is reaching near to demand zone. In the Options Analysis strong pressure on PUT side is at 1200 level and CALL side is 1300 levels. So Price is expected to remain in between them on current month expiry. Buy and hold for the 5 weeks.
Disclaimer: the author may enter in trade, take your own decision , This is a trading idea, not an trading or Investment advice
Tata Steels Ltd Long @ Rs 1500NSE:TATASTEEL
Entry 1500
Target 1650 +
SL 1390
Time: 2-3 Week
Tata Steels Ltd is trading at 1500 and getting strong support on all lower demand zones , support is strong enough that price is never entering in the demand zone , It means big buyers are increasing lower buy price every time. Demand is strong and no supply zone to resist the price increase. Buy and hold for the 2-3 weeks.
Disclaimer: the author may enter in trade, take your own decision , This is a trading idea not a trading or Investment advice
TATA STEEL looking good above 152As we can see a weekly chart of the stock named Tata Steel which is going to make a new high in coming week, all technical indicators are on positive side, so Metal Sector will make new high, one can look for TATA STEEL in cash for a target of 180 and 200 in coming week.
TATA STEEL Hey, i hope you all are doing good in your journey.. Today i would love to share “Futures best pick for equity’’ Tata steel is beast for equity and for long term holding let say 1-2-3-4 Years you will ge the bestest results.. TATA STEEL has’t started its ‘’JAW OPENING MOVE’’ so its best time to collaborate with it.. Thankyou :)
Tata Steel Confirm Targets 2023 Tata Steel Chart Analysis For Long Term and Short Term Analysis
In Tata Steel stock found Two Chart Patterns - Flag Chart Pattern and Decending Triangle Chart Pattern
Flag Pattern - Continuation chart Patterns ( Bullish Breakout Possible )
Decending Triangle Chart Pattern - Bilateral Chart pattern ( Bullish or Bearish Breakout Possible
TATA STEEL UPDATE As said earlier tata steel is is completing inner triangle within right shoulder, it has touched the upper end of triangle twice at 109.80, the upper end of triangle can be viewed as lower high down trend line. On weekly view we see 109.80 has become become double top. But if seen in daily time frame it had completed and broke above triangle pattern, which is keeping investors comfortable. Since tata steel is slow moving stock it may break weekly triangle pattern by Friday. Being patient will be rewarded.
Tata steel Long @ Rs 1300NSE:TATASTEEL
Tata steel Long @ Rs 1300
Entry Rs 1300 to 1320
Target 1445
SL 1210
Time: 3 weeks
CMP 1295
Qty: 100 Shares
Tata Steel has formed two demand zone in last few days . Overall stock is sideways since last few months , recently in news. Looks that now can break the last supply zone and can also move to a new All time high. Buy in cash and hold for 3 weeks.
Disclaimer: This is an trading idea not an trading or Investment advice. this is for the purpose of education only consuly your financial advisor before taking any decision. author may enter in trade, take your own decision
TATA steel 7 wave Correction.Educational purpose only: TATA steel makin new expanding Barrier Triangle combination@ wave (X) .
It was notified the market trend is continuous coming days.. That was wave (z) will be arriving (1000 or 930) levels.
7 wave price move very confident trade setup for long term holdings . Why I am saying this... If WXYXXZ correction was end by the market.. Next we take long term position without fear of anything....
Ex: nifty already formed same correction 7 wave price move @wave A after that corrections nift rally to wave B of higher degree.
But Herein similar degree
TATA steel similar degree of wave 4 correction it will be end within a days after rally to wave 5 formation
Tata steel ascending triangle hourly chartOn Tata Steel hourly chart, ascending triangle is about to breakout. As per text book rule this pattern breaks out northwards. In this case of Tata Steel, There is no space remain in triangle for price to move. Rally in stock market itself push price out of the pattern on upward side. fundamentally, no bad news about sector or about this company is in the air. So we can expect upward breakout upwards. Target is Rs 700.
TATA STEEL SWING TRADE STOCKTATASTEEL
BUY 425-430
STOPLOSS 395
TARGET 500
Hello Traders, Tata Steel 425 ke aspas se se break out de chuki hai, isse hum short term trdaing k liye buy kr skte for 500 target,
abhi aap aagr weekly time frame me dekhoge toh Tata Steel ne last week ke tulna me iss week jada volume hai aur sath sath achha closing v diya hai..
NSE:TATASTEEL
Tata Steel Downward Parallel Channel breakout on Weekly chartElliot Wave Analysis of Tata Steel with Fibonacci retracements.
Currently in wave A of parallel channel correction or about to end Wave 3 of Impulse start of wave 4.
Daily chart shows shooting start on 11th Aug and on 13th Aug resisting 430 levels.
Tata Steel Downward Parallel Channel breakout on Weekly chart.
Testing Trend line drawn from wave 1 start and wave 5 start.
Safe Trade 1 - Short on close below 409 on 15 min chart SL 415 target 405 401
Risky Positional trade Short all bounces towards 420-435 SL 443
Target Fib levels for downside
0.236 Fib level = 388
0.382 Fib level = 361 (most likely to come)
0.500 Fib level = 340
Disclaimer: Calculated and plotted values may differ little with actual stock movement. This investment/trade may not be suitable for all investors/traders. Do your own study or ask your financial advisors before investing/trading.