TATAMETALI Analysis & PredictionThis is the analysis of TATAMETALI in the Daily Time Frame. Watch carefully. The chart explains itself.
If it breaks and sustains above the upcoming resistance level, it is good for the stock.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About TATAMETALI :
Tata Metaliks Ltd. engages in the production and sale of metal. It operates through Pig Iron and Ductile Iron segments. Its services include charging mix and melting, molding and core making, S G iron production and development, and project-based consultancy. The company was founded on October 10, 1990 and is headquartered in Kolkata, India.
Tatametaliks
TATAMETALI may consolidate/fall for a whileI am not holding
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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EXCITING BULLISH IDEA Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Symmetrical Triangle and channel
📌 Symbol/Asset: Tata Metalic
🔍 Description:
Stock with Strong Support and breakout on channel and RSI.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
TATA METALIKS - Technical analysis Weekly chart Tata Metaliks stock been correcting from last 2 years and is at strong support and looks good for next two years. With risk to reward ratio 1:2, stock looks to hold for next 4 years down the line.
Buy - 750-775
First target - 950-975
Second target - 1260-1320
Stoploss/Average - 460-500
TatametaliksIt is also at support level. Any rise in sector will surely help all stocks within sector to come up. Long can be initiated with CMP with SL of 934
TATAMETALI: VCP Pattern FormationNSE:TATAMETALI
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
Tata Metaliks: Breakout from Symmetrical triangle, Buy SIgnalTata metaliks had been trading within the symmetrical triangle pattern. Recently, the security has taken a breakout from the pattern in the daily time frame. Therefore traders should grab the buy opportunity
Tata Metaliks Bullish Setup Resistance BreakoutPositional Trade: Tata Metaliks breaks above a resistance.
CMP: 1191
Target: Open
Stop Loss: 1140
Tata Metaliks on Profit Side If tomorrow's market(i,e: 18/05/2021) opens above the support line then Buy. It previously created a rising wedge but failed to complete the pattern and now it has created a price channel it may work.
Targets are as shown in the image.
Buy Tata Metaliks (Investment Idea)(Investment Idea)
Buy Tata Metaliks Near 690-700 level,Stoploss 570 ,Target 1070
Study: Stock is trading near retesting level of Previous Breakout ...
Tata Metaliks Ltd- Swing Trade Setup Tatametaliks given multi year breakout , now stock is on correction mode.
If price retest last breakout level then surely we can see a good upside movement from here.
Trade setup based on weekly demand zone or last breakout price zone.
Entry - 927
Target - 1183
SL - 798
This setup will be a good opportunity for whom missed breakout.
Breakout in Tata Metaliks...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
Tata Metaliks - Strong Breakouts with Huge Volume- Great breakout after a consolidation with Huge volumes
- Past Candles showing Buying pressure
- A good entry can be 970 with a stoploss of 860
- Great Volumes validating the buying pressure
- Breakout after a consolidation
TATA METALIKSTATA METALIKS CHART..
position since one month from 711 levels..
added at 765 levels or so..
waiting for above 800 DCB..
metals sector currently too strong.. the stock had been underperformer mainly due to to merger news with tata steel long products and TTSTLLP having circuit of 5% while metaliks with circuit of 20%..
Buy Tata MetaliksBuy Tata Metaliks Near 765 support Zone Stoploss Below 753 Target 787 & above
Study: Channel Breakout and stock is retesting Channel Trendline
Tata Metaliks is in Bullish and accumulateIn continuation with the previous post of Tata Metaliks it is clear that the scripts is in bullish trend.
This script is perfectly working with all the important Fibonacci ratios since the trend has started in this hourly chart.
Now , I am expecting this move will continue till 663.
It may ride ahead towards next level i.e. 703 level or it may retrace till 621 level and may ride once again till 688/703 level.
This stock is a fundamentally strong script may give a multifold return.
volume breakoutvolume breakout and retracement..
play cautiously as stock has broken strong volume candles on previous ocassions.
Tata Metaliks is in Bullish and accumulateTata Metaliks is very bullish and already achieved short term target but very much undervalue stock.
One can start accumulation of this stock from below levels if at all you get chance....
accumulation levels : 592/578/568/544
Target 686 and above
Tata Metaliks is in Bullish Triangular Pattern - PositionalTata Metaliks is an undervalued stock to invest.
We need to get a perfect entry for these types of scripts.
Its in a bullish parallel channel since May 2020 and given a healthy reward since then.
Now once again there is a chance to enter in to this stock.
Entry :533
SL: 516
Target 1:566
Target 2:580
This is a fundamentally strong stock to keep in the portfolio.
Tata metallics - H&S PatternTarget:410, SL: 760
I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Tata MetaliksAn Inverse H&S pattern is under formation. The right shoulder is yet to complete however as per he weekly charts where the prices are moving within a downward channel is expected to touch 755. Once the neckline is broken i.e closing above 775 (this will also act as a channel breakout) it can reach a target of 900 levels.
Conditional Buy: closing above 775 only.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
