TATA STEEL PRICE ACTION ANALYSISTata steel's price has taken a drastic fall today. The price is near the demand zone set by the XABCD bullish bat pattern.
If the price bounces off from the demand zone, we can go long and consider targets mentioned on the charts.
The stop loss level mentioned on the chart is technically sound support, if this level is broken, the fall could be drastic and can continue. If you are a risky trader, consider holding until 1070.
Happy trading :)
This is just for educational purposes.
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TATA STEEL PRICE NEARING A SUPPLY ZONE.Tata steel price is near the XABCD bearish pattern's potential reversal zone. From PRZ the price could make a correction or breaking of the PRZ could lead to a short-covering rally.
For new long entrants, wait for one of these scenarios. The levels and the stop loss point are mentioned on the chart.
Happy trading :)
Only for educational purposes.
[TATA Power] 6.3% Profit achieved in 3 trading days, what next? In my post date 06-May-2020, I have suggested to go for SHORT on NSE:TATAPOWER (for short term gain). On 06-May, it was closed on Rs. 29 and I have suggested TARGET of near Rs. 27 , which it almost achieved today (11-May-2020).
Now it touched the support line of monthly parallel channel as marked in chart. So what next?
Will it take take trend reversal or continue to fall !? . What could be Target price in both case?? If you want to know, please comment, will analyse further and post an update.
TATASTEEL Looks Bullish TATASTEEL Has seen Fresh breakout on the Daily and 4- Hourly Charts. When Observed on the weekly Chart Strong Support at 106 is seen in the stock. Stock Broke the Resistance Levels 106 Retested it and again heading towards higher levels. We are Going long on TATASTEEL Future at CMP 112.25 For the Targets of 120- 125 and Stoploss of 105.75
Tata Motors on Support ZoneTata Motors is trading on a Support Zone as mentioned on the chart.
There are Two Support Zones has drawn on the chart with buying levels & their targets.
SHORT TRADE will be only create when a Candle break and close Below the Support Zone 1.
there is remained less room for down movement, can reverse from Support 1 or Support 2.
All study is based on Harmonic pattern, fibo ratios and price action.
TATAPOWER Analysis 18/11/21; S&RTata Power is building support at current levels of 236-237.
At point 1, we can see a STRONG SUPPORT LEVEL (Trendline support in parallel channel as well as Fibonacci Retracement 0.236 support level.)
As we have already seen previously, TATA POWER has taken support and bounced back from these levels a few days back.
If the stock sustains and respects this strong support level, then a further upmove is expected. Levels can be seen from the colourful fibonacci extension charts. Stock has already seen a resistance in this zone, early this morning. You can go long here for targets till 250 and further to 270+ (Its ATH).
Even if stock remains in this channel, we can for sure look for an high till stock touches upper band in this channel.
** I am not SEBI Registered advisor. Kindly consult before taking trade. **
TaTa Motors forming a hammer patternTata motor formed a hammer pattern in weekly time frame on a major support ,which is a very crucial level.
It looks very good buying opportunity with the low of hammer as stop loss.
As tata motor was in a very strong up trend for last few months it is expected that the really may continue after this current correction.
TATA MOTORSTata motors, this stock has given very good breakout along with good intensity of volume, in daily time frame its a rounding bottom breakout and in weekly its a bullish flag and pole breakout, trend indicator macd in weekly has also turned positive uptick, that too above zero line which is very good sign, along with positive in daily too, all other parameters are also suggesting signs of bullish trend ahead, one more positive sign is index of auto sector has also given flag and pole breakout same day. one can go long for positional medium term period in this stock tata motors at current levels or in dips ( if any ) with key levels mentioned on chart.
wave structure and key levels
breakout with volume
macd in weekly
macd in daily
rsi in weekly
rsi in daily
bbc in weekly
bbc in daily
positive ungali in weekly
poaitive ungali in daily
stochastic in weekly
chart pattern in daily
chart pattern in weekly
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
TATA MOTORS SWING TRADETata Motors is trying to break support, but the price is rejecting it; if the support is broken, purchase at the Buying Zone. For Swing Trade
Also, Keep It Mind that
If stock market gurus were true experts, they would buy stock not selling advice. So don't take anyone's word for it; this is just my opinion; do your own analysis.
TATA MOTORS INTRADAYTata Motors is trading in a very narrow range and we expect the stock to breakout from the range. A strong upside momentum is expected above 300. The position for tata motors will be bullish above 300 for an immediate target of 308 followed by 314. A level of 292 looks like a strong support and stoploss should be kept below this level.
Tata Motors : Swing Trade#tatamotors #vcpsetup #breakoutcandidate #swingtrade
Tata Motors : Swing Trade
>> Multiple VCP setup
>> Breakout Soon
>> Trending setup
>> Good Risk Reward Trade
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
TATAMOTORS Intraday Analysis: 14-Jun-23TATAMOTORS imp zones mentioned on chart and expected direction and reversal points on chart
Buy>565 SL: 559
Target : 570,578,590
Sell<559 SL: 565
Target : 554,548,540
Wait for Proper Rejection :
@Support : Bullish
@Resistance : Bearish
Any query do comment
*All views for educational purpose only
TATASTEEL Last Wave - Full AnalysisTatasteel is in a correction mode . So, do not initiate a buy position until ATH is crossed.
For buying follow the given levels.
Buy- Above 1450
SL - 1220
Target - 1300 1350 1370
For shorting given levels should be considered.
Short - Below 1070
SL - 1110
Target - 1030 1000 950 900
If TATASTEEL corrects to 900 , then you can buy for swing trade.
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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