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Tatasteel

TATA STEEL PRICE ACTION ANALYSISTata steel's price has taken a drastic fall today. The price is near the demand zone set by the XABCD bullish bat pattern. If the price bounces off from the demand zone, we can go long and consider targets mentioned on the charts. The stop loss level mentioned on the chart is technically sound support, if this level is broken, the fall could be drastic and can continue. If you are a risky trader, consider holding until 1070. Happy trading :) This is just for educational purposes.
NSE:TATASTEELLong
by Sanjan91
Tata Steel Buy On ZoneBuy At CMP 1100-1114 Stop Loss 1050 (CLOSING BASIS) HEY TRADERS, THIS PREDICTION IS BASED ON A HARMONIC PATTERN AND THE HARMONIC PATTERN IS 100% ACCURATE AND10000% RISKY BECAUSE IT IS AGAINST THE TREND METHOD... HOPE YOU ALL FIND SOME VALUE Here...SO, DON'T FORGET TO LIKE AND SHARE THIS POST. DON'T FORGET TO SUBSCRIBE. COMMENTS WRITE DOWN BELOW OF THIS Chart... THANK YOU... ~Disclaimer: "I Am Not Sebi Registered Advisor" All views and charts shared in this terminal are purely for knowledge and information purposes only.
NSE:TATASTEELLong
by ashish_2108
TATASTEEL: Starting a Bearish Trend" TECHNICAL ANALYSIS OF NSE:TATASTEEL The LAST CLOSE PRICE of NSE:TATASTEEL is 1113.4 . The PARABOLIC SAR is showing the BUY SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.618 at the FIBONACCI STOCK PRICE LEVEL of 1162. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 1097.45 with RESISTANCE 1 and RESISTANCE 2 at 1172.3 and 1205.3 respectively. The Key 50% FIBONACCI LEVEL stands at 1148.55 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not. The STOC RSI has the values K and D as 35.5 and 22.96 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 11.42 and 5 at 15.12 along with HISTOGRAM showing values of -3.66, the STATUS is clearly BUYING CROSSOVER. The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -0.41 and -0.69 with DOWNTREND as UPTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.1659 the STATUS is OVER BOUGHT. No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 18.71 which signifies its Price Level to be AVERAGE. >>> RECOMMENDATION is : BUY ." Disclaimer: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
NSE:TATASTEELShort
by finogent
TATASTEEL Intraday analysis and setup🎇Hello Traders👋 Today i have made a post on TATASTEEL 15M I hope you find this post helpful and informative👍 The targets and stoploss would be given in the charts or they would be according to pivot points Thank You —DISCLAIMER— I am not a SEBI registered financial advisor Please consider your consultant's advise a must , all the setups posted here will be considered as informative and helpful post I shall not be responsible for your profits and losses
NSE:TATASTEEL
by profitpujari
Tata Steel: Channel trade potential for September seriesTata Steel - We observe Tata Steel trading in blue channel from 03 May to mid July - currently it is trading in mirror image red channel - RSI is between 40-60 Tata Steel could likely be revolving in the red channel for September month For Cash buying any dips towards 1245-1260 may be considered as good entry level __________________________________________________________________________________________________________ Given the set up, F&O strategy suggested for Tata Steel: Short Strangle It involves selling both Call and Put option simultaneously Sell 30 September expiry 1500 Call option Sell 30 September expiry 1260 Put option Combined Premium receivable approximately 42 Max profit potential in strategy Rs 35700/- per lot (11% yield potential) Loss in strategy, if Tata Steel closes above 1542 or below 1218 on 30 September Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:TATASTEEL
by indiamarketoutlook
Nifty comes under pressure and closes at 16450NIFTY 50 EOD ANALYSIS -20-08-21 IN SUMMARY O / H / L / C 16382.5 / 16509.55 / 16376.05 / 16450.5 H-L = 133 VIX 14.02 / +8.6% FII DII: -2178 Crores Likely open: Negative to flat CHART BASED CONCLUSIONS A 200+ point gap-down opening in Nifty shook all the scrips. Nifty made a significantly lower high and a significantly lower low. It then moved in a narrow range of 100+ points witnessing high volatility and choppy movements. On daily charts, it appears to have been brutally thrown away from the top though it has made a good recovery from the lows. NIFTY WEIGHT LIFTERS & DRAGGERS The Weight Lifters HUL 23 BAJAJ FINANCE 15 NESTLE 13 ASIAN PAINTS 11 BRITANNIA 09 TOTAL 71 The Draggers JSW STEEL 27 TATA STEEL 21 RELIANCE 18 ICICI BANK 11 SBI 11 TOTAL 88 Lifter - Draggers = -17 The selling appears to be quite intense and that explains the negative closing for the week. POSITIVES The sleeping giant HUL woke up and stood firm and helped steady Nifty. HDFC ended in the green despite extreme selling pressure. BANK NIFTY managed to end above 35000 make or break level. NEGATIVES Nifty failed to close above 16500 and a major barrier for the bulls has been lost for now. BANK NIFTY fought an intense battle to stay above 35000 and it was hard to for it to even cross 35100 as it was pushed down severely from that area. FIIs have sold heavily. VIX is up almost 9%! TRADING RANGE FOR W/B 23-8-21 The Nifty baseline moves down to 16300-350. The resistances are now from 16500 onwards. BANK NIFTY support base also slides to 34800-35000 and resistance at 35200-35500. INSIGHT / OBSERVATIONS FIIs have sold heavily so some more negativity on the cards. HUL rose sharply and BRITANNIA also did well but ITC did not move much. So there is something in HUL and BRITANNIA that is not applicable to ITC. BANK NIFTY was struggling hard to cross 35100 and the impact was direct on Nifty. The moves remind me of the slow and choppy moves that we had seen during the last year after the COVID triggered the crash. Is this a Buy on Dips market? If one remains stock-specific then yes, it is so - at least for support to resistance-based trades. What do you feel? Thank you, and Happy Money Making! Umesh 20-8-21 P.S. If you choose to comment on the above, please do so with your analytical view rather than merely passing a comment. Your presentation of the view held by you would help other readers as well. NOTE -- This write-up is not a prediction mechanism for the movement of Indices in the Indian markets as the markets are unpredictable in nature. I may refer to many data points in the article but I do not base my view on any of these standalone. In fact, I prefer to react to the price moves than predict the price moves. I also do not review Open Interest. Whatever data points I am using, are all stated in the article. The article title, as well as its contents, can at best be stated as --- This Is How I Read Nifty. I hope I have been able to set the expectations right.
NSE:NIFTY
by AVENUESOFINVESTMENT
1
Short Sell Setup in $TataSteelA few weeks back I had been very bullish on TataSteel and my targets were 2000++ But this week and specially Today, TataSteel has wiped out previous 3 weeks of gains and a short setup has been formed as Bear Power on weekly chart has crossed Bull Power towards short side. Signals on weekly charts are much stronger than other time frames. On Monday if it trades below Today's low then Short TataSteel with SL as Today's High else wait for prices to hit below Today's Low. Gann roadmap for TataSteel would be: 1297 1315 1333 1351 1369 1388 1407 1426 1445 Disclaimer : Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
NSE:TATASTEEL1!Short
by Gann-Elliott-Trader