I have updated my analysis please check out the latest Tata Steel Support and Resistance
tata steel chart analysis for intraday and swing trading
Tata Steel (Future) You can buy a future and patiently wait for levels as high as 800. Tata Steel future is in an uptrend in the daily charts. I have been bullish in Tata Steel in a long time but it has slipped since then. What makes me happy is that the candles have taken a support on 10 EMA at 681 levels and bounced back from there. Data 650 is a major...
The stock is forming a pattern and if it follows Double Top then it may test 600 levels. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Buy : Tata Steel SL : @680 Target : @700-@710-@720 . . . DM for Any Enquiries
Tata Steel Futures A very strong support at 679 was respected yesterday. The candle in the daily charts give us a bullish signal. Uptrend is clear and I would like to hope that it will continue with a target of 718+ in short term. Intraday support can be seen at 690 levels whereas support on closing basis can be seen at 684 levels. Buy on dips for short term
Sell on rise with SL of 725 for target of 645/608
Please find the levels marked in the chart.
Go through Monthly chart first Tata Steel gave a failed break out last month. If this month's break out is successful then 800-900 levels can easily be seen in the stock. In case of failed break out - 600 to 550 levels will be achieved in 2-3 sessions only. Keep on radar !! On daily time frame stock has given Trendline break-out today
Tata Steel gave a failed break out last month. If this month's break out is successful then 800-900 levels can easily be seen in the stock. In case of failed break out - 600 to 550 levels will be achieved in 2-3 sessions only. Keep on radar !!
Cup and handle pattern is formed in TATASTEEL watch for a breakout. if it breaks the 690-695 resistance zone then T1 would be 720. *only for educational purpose