Search in ideas for "TATA STEEL"
TATA Steel The frypan bottom occurs when small real body candlesticks slowly move downward and then move in a neutral to upward direction. The frypan bottom pattern is complete when a bullish candlestick gaps up from the rest of the candlesticks.
Tata Steel Going sideways for few Days and now ready to give BO Trade only if stock is giving Gap up or gap Down Opening Targets can 1358 to 1400 for short term with Sl Below the candel Low.
If share Gaps Down can sell the share with SL 1249 On closing basis.
Tata Steel BSL Ltd.: An Opportunity for Traders & Investors!Tata Steel BSL Ltd.: Triangle Breakout
1. Stock has given breakout from descending triangle pattern,
2. Volume receded considerably during consolidation phase & Heavy Volume is observed at breakout,
3. Moving averages indicating initiation of uptrend!
Considering above facts one can buy at CMP (96.85) with price target of 106 (according to measure rules of descending triangle)
Moreover, company’s fundamentals are good & price has been undervalued too!
So an investor with long term view can hold for a target of 315
Lastly, we should not forget stop loss while trading / investing in stock market which is 84 in this case.
Disclaimer:
This idea is presented just for educational purpose only. You will be solely responsible for your own money & decisions you take.
Tata steel BSL breakout is near 🔥🔥🔥After a lot of consolidation Tata steel bsl is finally in a position to give a breakout. Target 100-101
Tata Steel BSL Simple setup of tata steel bsl for positional trade - positive divergence at bottom and also above crucial level with huge volumes. Looks good at current levels to enter with Tgt - 100 ++
Tata Steel BSL Ltd - BuyTata Steel BSL Ltd
CMP: 97.55
Buy Range:90-100
Upside Target: 109.65, 112.45
Support Level: 88.9
Can buy on dips. Good for long term investment. Chances for multi-fold returns.
Good Luck!
***
You can also see my other stock analysis and the results in my profile ideas. Please follow me , If you would like to see more ideas on winning stocks.
***
**Disclaimer:
I am not a SEBI registered Investment Advisor. It is completely my view and opinion.
My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling.
Please do your own research and consult with your financial advisor before taking any action.
I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index.
****
Tata steel for 10/06/2021NSE:TATASTEEL
Metal index will be very weak below 5184 (15min close). It will confirm the breakdown of a trendline.
Tata steel may face good selling below 1085(5min close). if the index is weak tomorrow.
tatasteel already formed LL LH format in 1hr chart broke the trendline retested it and again coming down.
Tata Steel - LongTata Steel - Long
Buy zone:1132-1062
Upside Target: 1185 1245
Support Levels: 1089, 1040
*******************************************************************************************************************************************************************************************************************************
You can also see my other stock analysis and the results in my profile ideas. Please follow me , If you would like to see more ideas on stock movement
********************************************************************************************************************************************************************************************************************************
**Disclaimer:
I am not a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index.
********************************************************************************************************************************************************************************************************************************
TATA STEEL BSL AT EDGE TO GIVE 30-50% PROFIT FROM CURRENT LEVELwe can buy tata steel bsl at current market price with a first stoploss of todays(10-05-2021) low 98 and second stoploss of 85 which appear on recent red candles low on daily time frame for 1st target of 135 and 2nd target of 155 .
logic behind the trade is 1- we see a large rounding bottom with breakout
2- for stoploss we use todays(10-05-2021) low and recent red candles low on daily candle which is 85
3- for 1st target we see from where the the stock get resistance in 2014 and for 2nd we use Fibonacci Retracement