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.
Tatametalikslong
Booked 10% in TATAMETALI - In 21 hours ;)Posted a well-explained analysis some days back, the execution was good :)
Idea linked below :
Late night Technical analysis talk - Give me 20mins if possible👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥
👑 Stocks I will talk about a lot of stocks in the video for my followers also new people should follow :) also comment on what stocks you want me to talk about tomorrow :)
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
🎓🎓 Some info about me :)
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃
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.
