Search in ideas for "TATA STEEL"
Tata Steel: Two possibilities ANALYSIS:
While trading never forget the possibilities, each coin has two sides, market too have two sides.
Everything is clear on the chart.
Possibility 1:
Price might touch 317 levels and move towards 322, 326, 328 levels. From this levels it might fall back towards 316, 310, 303 level.
Possibility 2:
Price might touch 317 levels and move towards 322, 326, 328 levels. Once it crosses this level and floats above it, it might move towards 336 and 342 levels.
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Disclaimer:
The data and information provided in this published idea is not an advice and should not be relied upon as such. Neither the information, nor my opinion contained in this idea constitute a solicitation or offer by me to buy or sell any securities, futures , options or other financial instruments.
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position.
Tata Steel: May offer a better buy priceThe stock moved out of the triangle pattern on the hourly chart, made a high of 525.65 and has been consolidating since then.
On the hourly chart the price action is indicating that the stock might pullback below 521 level before continuing the up move.
Reasons being:
1. Lot of volume effort at the 521-526 level with little action on the upside.
2. Secondly, stochastics has been showing signs of divergence.
I would rather wait for the pullback and confirmation signal before buying near 505-515 zone.
#One has to be careful as the stock pulls back deep into the patterns or the ranges from which it breaks out (means wider SL needed if buying).
This is just an analysis and not an investment advice.
Analysis on hourly time frame means it is for short to medium term.
Thanks
Tata Steel: A Bounce to be caught503-506 has been acting as nice support zone
Try long with SL at 504 with Target up to 520 level.
Try lower time frame chart for better entry near 509-510
Try pullbacks.. refer
Never feel shy of accepting when you are proved wrong.
Dun risk more than 1-2% of your capital in a single trade.
Thanks
Tata Steel: Looks Promising In Weekly Time FramePrice is moving up steadily and appears headed to the weekly resistance level at 435-ish. A fall below 361 would be a sign of weakness and weaken the case for a rise to 435.
I am keen to buy this stock on a evidence of support at any of the blue lines. Watch this stock.
TATASTEEL - Trend & Levels for 14 Feb 2022TATA STEEL Trade Plan and Levels for Tomorrow..
Trade easily with BUY / SELL Signals...
We can expect TATA Steel to Open Gap up tomorrow. As per technical its BULLISH Trend and the Sentiment also POSITIVE.
CPR will be key Support to go Long.
You can refer the chart for Resistance and Support levels.
Happy Trading!!! :-)
Disclaimer : The idea is purely for Knowledge sharing purpose. Do your own analysis and consult your finance advisor before taking any trade. I'm not responsible for any of your profit / losses.
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TataSteel BullishTata Steel broke the previous hurdle of 1175 based on Fibonacci.
Tata Steel is now testing the levels at 1200. If broken 1200 levels, the following resistance levels are around 1240.
Stock is majorly in bull run based on Super Trend, Heiken Ashi and Follow Line Indicators in 5 Min, 15 Min, 30 Min and 1 Hr charting
TATA STEEL BSL - LONG AFTER 2-3 MONTH CONSOLIDATION, A CUP AND HANDEL PATTERN HADS FORMED ON TATA TSEEL BSL CHART. IN ADDITION GOVT. HAS APPROVED PLI SCHEME TO BOSST STEEL MANUFACTURING IN INDIA .
TAGRET MENTIONED IN CHRAT :))
TataSteel- lethal-X Waves (Reaction for Surgical Strike)Tata Steel -last time was picked right at the bottom, but one should not get excited as I am used to such excitements & money which follow.
I am taking this structure as a complex W-X-Y structure unless the market proves me wrong by going below 366 -swing low in that case our 2nd wave is done at recent high@383.85 & we will start most exciting wave downside for TataSteel.
Else
Tata Steel will move again move in the zone 382-385 with swing low 366 -intact.
Regards,
Abhishek H. Singh, CMT