Tatasteel
Target 3 (72%) achieved. Target 4 is ONThis is follow-up on Tata Steel. Can check link to related ideas.
Target 3 achieved. More than 72%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
Target 4 (94%) achieved. Target 5 is ON...This is follow-up on Tata Steel. Can check link to related ideas.
Target 4 achieved. More than 94%. Target 5 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
Target 5 (184%) achieved in Tata Steel. Target 6 is ON...This is follow-up on Tata Steel. Can check link to related ideas.
Target 5 achieved. More than 184%. Target 6 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout TATA STEEL BSLFor all the SWING Traders out there. If you have missed the rally of TATA Steel, I have another stock for you to pick which has an upside momentum to give you return of 13% +..
This stock is Fundamentally and Technically Strong.
Tata Steel - Extreme bullish ATH closing🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
Tata Steel Cup And Handle Breakout Tata Steel Looking Bullish while Just near its All Time High for the second time. Nice Breakout given with More than Moving Average Volume while forming a Cup and Handle Pattern on 4H time frame.
1180-1190 acted as a major resistance zone earlier in the past. Post breakout candle was closed above 1190, a healthy retracement was observed taking support at the previous resistance of 1190 and again forming a bullish pattern with back to back two white soldiers.
A Fresh Buying Above 1250 levels can be seen.
Target Update on Tata Steel BSLWhat seemed as a Bullish Pennant at first has now formed a proper bull flag pattern. Refer to previous analysis(Link given):
Target Update
Entry = Rs 96+
T1 = Rs 110
T2 = Rs 121
T3 = Rs 138
T4 = Rs 150+
NSE:TATASTLBSL
BSE:TATASTLBSL
TATASTEEL: All targets done!Please check my idea previously posted on 11th July, both targets on TATASTEEL have been reached successfully. :)
Jul 11
I had earlier posted an idea on TATASTEEL on 13th June which was closed at cost. TATA STEEL has been in an uptrend, continuously forming higher lows. After the recent complex pullback, it seems rested and ready to move forward and challenge its highs and possibly make new ones. It has formed a continuation candle at the 20 EMA and is moving towards its all time high with above average volume . A trade can be taken with the following levels in mind.
LONG ABOVE : 1250
STOP LOSS : 1188
TARGET 1 : 1312
TARGET 2 : 1374
Initiate trade only if it maintains above the "long above" level for 15 minutes. I will update the idea as the trade develops.
Jul 18
Trade active: TATASTEEL should reach target 1 in the next few trading sessions.
Jul 27
Trade closed: target reached: Target 1 reached at 1312 on 27.07.21.
Aug 1
Trade closed: target reached: Target 2 reached at 1374 on 29.07.21.
Tata Steel: Chart set up and trading strategyTata Steel
Observations are mentioned in the chart itself.
Any rise towards 1430 / 1451, needs to be watched carefully. ___________________________________________________________________________________________________
Given the set up suggested F&O strategy,
One may consider to sell Tata Steel 26 August expiry 2021
1460 Call option around between 35 - 42 (Closing price 37.05)
Max profit potential in strategy Rs 31492/- per lot (at closing price) till 26 August 2021
More importantly, the strategy has an inbuilt risk cover for a rise in price up to 1497 till expiry day.
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