Tatasteel
TATA STEEL BSL AT EDGE TO GIVE 30-50% PROFIT FROM CURRENT LEVELwe can buy tata steel bsl at current market price with a first stoploss of todays(10-05-2021) low 98 and second stoploss of 85 which appear on recent red candles low on daily time frame for 1st target of 135 and 2nd target of 155 .
logic behind the trade is 1- we see a large rounding bottom with breakout
2- for stoploss we use todays(10-05-2021) low and recent red candles low on daily candle which is 85
3- for 1st target we see from where the the stock get resistance in 2014 and for 2nd we use Fibonacci Retracement
That's why Price action can do wonders(gave 174% in 180days)Tata Steel gave a Break out(BO) from the Descending channel pattern at 435 level,
as shown in the chart below.
So basically after the BO, this guy went up whooping 173.48% in few months
which is amazing.
Successful traders have a good habit of hold a good script they don't exit until there is a very good reason to sell.
This was just an example of how can holding a good script can do wonders.
Best of luck traders/investors.
> One should only enter when the risk is low.
> Position size plays a very important role.
#SUNFLAG CMP 67.95 Target 90 #INVEST #STOCK #TRADE #STEEL #IRON#SUNFLAG
NSE:SUNFLAG
CMP 67.95
Target 90++
May Hold After Target Reached.
If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for latest stock recommendations for free.
Might blast to more than 100.
Super Bullish on this stock.
From Rachit Sethia with 💚
🎯 #tatasteel #niftymetal #nifty #nifty50 #banknifty #niftybank NSE:TATASTEEL
short only if you know reversal . if one find reversal at reversal zone in chart than short with given stop loss on chart.
recently we have mind-blowing results in #reliance #lupin #coforge and #tatstee now understand phycology, after this great results all stocks falling from next day do you know why? coz this is market works moves comes first on charts then only news comes and after that from their retailers start buying it and big fishes just start offloading their position so try to understand this.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
TATA STEEL BSL - Good SetupThe chart is self explanatory.
Breakouts from inverse head and shoulder pattern and retest.
Steel is the Global flavor and the price action here is very encouraging.
TATA STEEL LONG PRODUCT LIMITED LOOKS AWESOME SKY'S THE LIMITTATA STEEL LONG PRODUCT LOOKS AWESOME as it shows WEEKLY GAP UP in this week and if sustain to break the ALL TIME HIGH OF 1065 on weekly basis THAN it expected to make new high off 1600 with in 3 - 9 month interval and may be 2000 who's know ??????????
#TATAMETALI 23%$return $TCS $TATASTEEL $JSWSTEEL $HINDALCO $SAIL#TATAMETALI
TATAMETALI
CMP: 1055.70
Target: 1300++
May Hold if longer time frame planned.
Stoploss: 897 (on close price basis)
Time Frame: Less than 3 months.
Factors:
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Higher Highs & Higher Lows.
Breakout above RESISTANCE levels
Trading at SUPPORT levels
Fundamental are strong.
High Revenue
High Cash flow
Asset Quality Good.
Earnings report & quality strong
EPS Positive
Risk Return Ratio is healthy.
And
Rising from the Bottom to Bullish Wedge Pattern Breakout to Flag Pattern Breakout.
The stock has given a all time high breakout.
Potential to reach high further.
BUY MOTHERSUMIBuy Mothersumi
Buy Above 220
For More Details
See The Below Idea.
I Have Shared The Idea Earlier Also.
Triggered Today.
🎯 #tatasteel #niftymetal #nifty #nifty50 #bankniftyNSE:TATASTEEL
short this stock if fine reversal at harmonic PRZ. for that you must have knowledge of reversal then only trade on my charts please.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.