Target of 162 On daily chart, there is pattern formation for cup and handle plus flag pattern which is showing the same target price
Huge potential is there. For short term investment ; Leave a " Like If you agree ".👍 . . Wait for small retracement & daily candle to close above - "105" . . If you are interested in investment, go for it with proper risk, . . Overall " SAIL" fundamentally good stock. . . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and...
NSE:HINDALCO formed Negative RSI Divergence and Bearish Marubozu on Higher high with RSI creating Lower High on Daily TF. Entry : 484.50 Target : 464/448 SL : 510 RR : 0.8/1.4 (2nd target for better Risk Reward Ratio)
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
This is my analysis for Tata steel one can clearly see a breakout and strong probability of going upside. NOTE : This is Just for educational purpose one shall consult Their financial advisor.
just look at chart i am not going to write bunch of stuff.
metal index hindalco tata steel to me all three are looking positive for 6 months time period TaTa steel is looking good on daily and weekly time frame rsi is taking support from 40 levels on daily as well as weekly time frame however on monthly time the confirmation is yet to come but monthly confirmation will not at come these prices till we find monthly...
So far uptrend will going to continue followed by good support, and further retracement is expected. NSE:TATASTEEL
Closing above 90 would confirm breakout. Buy for targets 96-105 Broader view targets 112 - 120 SL - closing basis 79
Tata Steel in the verge of the breakout. Can go long. If it breaks the channel on the upside. and commodity is cycle business it needs other global market support. Wait for breakout or breakdown. This is for educational purposes
TATA STEEL - HOURLY CHART --INTRADAY SETUP -28/11/2022 1. tata steel hourly chart seen trading at lower channel 2. last hourly candle seen breakout on lower channel at above 105 level 3.RSI seen abobe WMA and above 60 level now bullish for short term 4. one can initiate BUY on intraday at 106 for target 108-109-110 and stop loss 103 level 5. intraday...
On comparing RSI of the previous top and current top we saw a negative divergence is there if I am not wrong. Negative divergence is a sign of probable fall in the stock. Probably in the upcoming week we saw some profit booking in the metals stock as well as in jindalsteel.
JSW STEEL --15 MIN CHART --INTRADAY SETUP --21/11/2022 1. JSW STEEL on 15 min chart seen double bottom support formation at 700 odd level 2. Trendline breakout seen on 15 min chart at last closing hiekin ashi candle 3. stock seen upper channel currently where support of channel form at 705 level and resistance 715 -720 level , same as take as intraday...
JSW Steel CMP 602.7 Buy for Traget 633- 657- 696- 730- 770+ time duration 2.3 months can buy fut or 620 CE for August Month holding SL below 570 candle closing basis
#TATA STEEL given breakout in day time frame, making harmonic bat patter, taking support from dynamic trendline & also making lower high on weekly time frame. Buy around 103 TO 104 TGT 112, 118, 122 Stoploss 100 on day closing basis. Disclaimer : I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor...
Tata Steel- Round Bottom formed. Its neat BO. mostly like BO. Waiting for Green Candle to confirm the same. If it goes up then target will be 130+ as per the area marked in as Target. Disc- Only for learning purpose and not trading recommendation
Good Evening everyone, JSW STEEL on a Daily time frame formed a triple top pattern. The last one is all time high. -->After creating all time high came down directly and broke the last low before ATH (Horizontal Arrow) -->Observe the price action after that , Price hardly managed to go to 0.618 Fib level (shown on chart) ->Got rejected from that level and...