Ascending Formation on TATA Chem - LongAscending Formation on TATA Chemicals on 1hr chart.
Trade
Buy above - 482
Target - 491
Points Gain - 9 ( 2% of Stock Value)
Please don't trade until the trade active...
Tata
Cup and Handle formation on TCS - LongCup and Holder formation on TCS and shows bullish.
Trade
Buy abv 2290
Target 1 - 2320
Target 2 - 2340
Points gain - 50
Don't trade until the trade active.
Ascending Triangle formation in TCS - LongAscending triangle formation in TCS on 30mins chart.
When the price break the top line of the Ascending triangle, the trend will be bullish but here need to focus o EMA 50.
EMA 50 lying above the price. so EMA will act as a Resistance so keep on eye. Once EMA 50 also broken then it will be hit the target.
Trade Idea:
Buy above - 2163
Target 1 - 2184
Target 2 - 2201
Stop Loss - 2137
Target 1 points gain - 21
Target 2 points gain - 38 (Total)
Stop Loss points loss - 26
Happy Trading...!
Ascending Triangle on TCS - Longin.tradingview.com
Ascending Triangle formation on TCS 1 hr chart.
Bullish Sign.
Buy above 2338
Target 1 - 2360 / 70
Target 2 - 2400
StopLoss - 2290
Tata Steel - Bearish Bat Pattern It is been observed that the price action formed an important harmonic pattern called Bat Pattern indicating bearishness and a counter trend trade opportunity. It is a low risk trade as the price action has already reached to the previous resistance levels at 406. Now if the price action breaks and close above the previous resistance levels of 406 then we shall continue to rally up but incase we see some selling pressure at resistance then the price action shall retrace back to 38.2% Fibonacci levels at 388 levels.
Target: 388
Stoploss: 410
Risk Reward: 1:4
Tata Power Breakout to New Impulse Wave It is been observed that the price action is trending up by making higher highs and higher lows. Previously, at high of 77 levels price action consolidates and corrects within a downward trendline and then breakout the trendline and then broke out to a new highs with that impulsive wave. Now it is again breakout from the downward trendline and looking to reach for previous high levels of 80.
Target: 80
Stoploss: 74.50
TCS : Ascending Triangle pattern, expecting downside breakout !Everything is explain I guess... Enter short positions only on downside breakout. I won't prefer an upside breakout.
check your rules before trading.
Happy Trading !
Tata Global Breaks out Consolidation, Moving DownThe price action breaks out from the rectangular consolidation indicates weakness.
Target1: 131
Target 2: 128
