looking at other metal stock it looks good in short term
Refer chart. Breakout done .Indicators are showing positive signals to move further upside from here. These may helps to reach the target. Vijayaraghavan Chennai.
TATASTEEL OPENING HIGHER NOT MAINTAIN HIGHER LEVEL CONTINUE DOWN TREND ............SHORT TERM SELL
it is near major support zone and is defending well and overall is in uptrend so one can buy with stoploss of 399.50 on closing basis and keep a tgt of 425 which is acting as major resistance and you can also see the stochastic and volume for further confirmations and if us& hina trade deal goes through it will rocket
The price levels have not touched the weekly high/low so far. By today, i.e. Friday it is supposed to come down to levels 215 and touch pink line. If if goes up, and tries to touch the upper pink line, it can cross levels and touch broad Blue line @ 230 as well.
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-> JSWSteel having two moderate resistance, 270 and 278. -> Once its breaks hopeful for 290 in few weeks. -> Otherwise chance for drop upto 240 range in next few weeks.
Double Top pattern spotted in Tata Steel . Pattern is confirmed as price has broken below 500; neck level retesting looks to have done already. Pattern suggests a target of 485. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks,...
All are in the garbage bag..... verified. lets wait for the new entry after some days
can expect 440 ~ 450 as a buying tgt and expecting it to reach 600...
At the level of Rs 165, its short term bottom has been created. If the stock stays above 168 rupees then this recent swing can reach Rs.191. "Possessional traders can now buy their shares after falling further to close to Rs. 170."
1) H&S b/o 2) testing neckline of H&S 3) TATA steel reported 25% revenue growth --- SAIL should also report good numbers 4) SL today's Low 5) USDINR going uo should support the prices
TARGET: 96 STOPLOSS: 80 TATA STEEL IS Bouncing of it's trend line showing correction completion. But RSI is not showing the verification but price action verify the action.