tatasteel

the stock is currently trading in a channel ..so wait for it to break the channel so that this can be picked up for investment purpose agg traders can enter once the channel is broken conservative ones can enter after a small consolidation(after channel breakout) refer chart for details

I always try to alert the small investors because i am one of the same --------------------------------------------------------------------------------------------------------------------------- THE INFORMATION IN MY IDEAS IS PROVIDE FOR EDUCATIONAL OR INFORMATION PURPOSES ONLY. THIS IS NOT FINANCIAL ADVICE. ENJOY SOME PROFITS MAKE SURE TO HIT THE LIKE/SUPPORT...

Long TATASTEEL

TATASTEEL weekly chart study

One might buy Tata steel on dips with SL placed at 455 and targets of 479/485. The RSI is placed at 30.36 and indicates a high probability of a bounce back. It is also supported by the bullish candle created today. Bounce on the Nifty also supports the move.

NSE:TATASTEEL Expected bounce from 470 - 476 SL 459 T 482, 491, 508 elow 1080 1050 can be seen Only for Study Purpose T.me

As per technical analysis, it can easily go towards its support level. Given the market sentiment, the stock is more likely to come down towards its support level. Let's see where it goes as market is supreme!!! These are my personal views. If anyone wants to take this trade, take as per your own risk and consult your financial adviser.

TATASTEEL, my view, bearish

Sell Tata Steel on rise with SL of 562 and target of 548. Adjust volumes as per entry price and respect your stop loss.

Range for seller between 546 to 548.5 and stop loss 549

TATASTEEL has formed a rounding top and broke out below with good selling . Can go short on pullback or at CMP with stop loss of 535 . Targets for next support level of 510

Long Tatasteel positional My all calls are positional

TATA Steel has broken out of wedge with good momentum and has formed an inside bar . One can go once it goes below the last candle , for a target of 530 which is the next support level and 50% of prior bull leg. Stop loss 557

TATASTEEL has formed a top on 15 min time frame with pretty good selling . One can go short at CMP or at close below the support line for targets of 536/528 . Stop loss for 560.

Long Idea in Tatasteel.

TATASTEEL , Weekly - Bearish ------------------ Twitter: @140twt

2 years ago in Feb 2016 , Nifty and Nifty Metal did bottom out together after that a year later, in Jan 2018 Nifty and Nifty Metal both made a top as well. Since then Nifty Metal is underperforming compared to nifty, while nifty climbing back to new highs, Nifty metal is just started advancing month ago. Current rally in metal index is showing strength but need...

Levels shown in Chart, You know what to do !!