Tata Steel - Metal is real Gold. Tata Steel - Metal is real Gold for next 1 year timeframe.
Entry zone - 1200-1230
Stop Loss - 1055
Target 1650-2500+
Disclosure - Do R&D before taking any trade.
Tatasteel
TATA STEELNSE:TATASTEEL is a very good fundamental stock.
as of now the war is running on, the best sectors to invest for long term is steel
in daily time frame the stock is showing very strong support from the level of 1063 levels
on can add this stock for long term gains in their portfolio
SAIL shared yesterday and Blasted !! marked further levels.NSE:SAIL
#NSE:SAIL shared yesterday and blasted with 3% more than 11k Bagged Appx !!
Further potential levels marked !!
Happy LEarning !!
SAIL formed Ascending triangle !!NSE:SAIL
#NSE:SAIL formed ascending triangle, BD may give good bearish momentum.
Happy LEarning !!
Tata Steel (Update)NSE:TATASTEEL
Hi Everyone
This is an continuation update of our previous forecast. If anyone has any query feel free to ask me.
Thank You
Wave Forecast
TATA STEELEquity name - Tata Steel
Below scenarios might be possible
Buy above 1370-75 target 1480 & 1533
DISCLAIMER - DO YOUR OWN ANALYSIS AND WATCH MY PREVIOUS ANALYSIS
SYMPHONY
CMP: 1111
- Took support around 820 multiple times
- Formed Triple bottom
- Descending Triangle pattern breakout
Reiterating Buy Call on Tinplate🤩💸🔥Buy Tinplate for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
.
💡Favourable long-term demand outlook :
About 70% of the domestic tinplate is consumed for packaging edible oil and processed food items. Hence its growth is linked to India’s food-processing industry, which has witnessed a steady increase in demand over the years.
.
✔️Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q3 result in its history.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
.
LIKE, COMMENT & SHARE 😄😄😄
TATASTEEL | Bullish Neowave CountHi everyone
This is the longterm forecast of tata steel. If anyone has any query he can reply in comment.
Thank you.
TATA Steel opportunitywaiting for long for this opportunity...
you guys can enter here for targets of 1400 upto july 2022.
chart here is self explanatory...
Best Regards,
Sangram Kanade.
TATA MOTORS IS AT SUPPORT LEVELIf TATA MOTORS opens above purple line
TATA MOTORS can buy when it touch purple line around 408-410 with target of 1:2 ratio, SL is when 1hour candle opens and close below purple line.
TATASTEEL - Triangle Pattern + Bull Flag Breakout - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:TATASTEEL trading bullish and reaching @ resistance levelNSE:TATASTEEL
#NSE:TATASTEEL reaching resistance and good above 1318.
Happy LEarning.
Tata SteelCurrently the stock has discounted 14% from all time high levels.
Tata Steel (Daily):
1. Taking support from 38.2 Fibonacci levels
2. Good volumes on Breakout
3. Retesting done
4. Positive crossover of 5,13 Exponential Moving Average NSE:CNXMETAL
5. Reversal from 20 Days EMA
6. CNXMETAL Index also forming Flag and Pole Kinda formation
View Point:
1. Bullish
Addl Points:
1. FII/FPI have decreased holdings from 0.55% to 0.53% in Dec 2021 qtr
2. Mutual Funds have increased holdings from 4.84% to 4.89% in Dec 2021 qtr. NSE:CNXMETAL
Notes:
1. The above analysis is just for educational purpose.
Tata steel in consolidationTatasteel has been consolidating in a narrow range after a bullish movement in the stock.
It is forming a bullish chart pattern on a higher time frame.
The breakout of the parallel channel can give a move of 5%.
Watch the stock for the tomorrow
Tatasteel is a sellTata Steel is nearby hourly resistance area and trading below average for intraday trader they can go for short at 1265 for the target1 of 1245 and target2 is 1231 with the strict stoploss at 1291.
This study is only educational purpose, Traders trade at your own risk.
Conclusion:
The sell recomentation is only for the intraday trades.
Thankyou
HINDALCOHINDALCO CMP 573
Cup and Handle breakout
can retest breakout level of 550
can initiate longs near 550 level
target is 700
TATA STEEL is a very good bet for the coming weeksTrade TYPE: SWING
Duration : 2-3 months
Entry: CMP
S.L. Below the RED line
Targets : 1500/2000++
Note: This is not a BUY recommendation and I am not responsible for any of your PROFITS/LOSSES
This stock has run up a little so might pullback or consolidate for a while before going UP again...
Hope this post helped you to take better decision
HAPPY TRADING :)
TATA STEEL on an approach for breakout.......NSE:TATASTEEL is on an approach for breakout if any strong candle forms at the breakout of trendline will leads to bullish movement upto 1335. currently wait for breakout adn maintain a strict stop loss at 1144.
This is just my analysis
Do like if its worthy......
tata steelsolid chart, positive RSI divergence on weekly....but 1250 seems to be a major resistance for now. will it cross 1250 for new highs?
Tata steel in-depth analysis Currently jaisa market mein weakness hai uske according ye stock jyada weak ni lgra hai. chance hai long term mein accha perfrom kr skta hai. isme aap short term trading bhi kr skte hai ho video mein level bta diyya hai.
ye buy ka recommendation nahi hai.
