Tatasteel
TATA STEEL LONG TERM VIEWTATASTEEL has given a good fall in prices after the breakout. The fall in price is currently halted & is seen consolidating. It has potential of a pullback towards the cradle as its in oversold zone. A throwback upto 410-430 range cannot be ruled out. Thus, traders can buy in the range of 335-347 for short term trading with a protective stop loss below 275. Overall long term outlook is still bearish & thus long term traders can sell again on a pullback for long term targets of 220-200.
TATASTEEL is in the range between 330 and 350TATASTEEL making lower low but indicator is looking strong
If 330 is broken downside can be a shorting opportunity
If 350 is broken downside can be a long opportunity
TATASTEEL SUPPORT AND RESISTANCEKey Levels for TATA STEEL are :
Upper Breakout~350
Interim Resistance~355
Final Resistance~361.50
**Lower Levels**
Lower Breakout~337
Interim Support~330
Final Support~324
Please trade with caution and consult your financial adviser before trading. You can also join our TELEGRAM channel from the below mentioned link, t.me
#tatasteel Buy near 330 320 @in_tradingviewNSE:TATASTEEL
Buy Tata Steel in SIP 310
Near 330 - 320
SL 290
T 368 390 425
TATA STEEL SUPPORT AND RESISTANCETata Steel is in a Down Trend, with upcoming support based at 386 and final support based at 371 on the other hand upper resistances for TATA STEEL are 408 and 427. Tata Steel can again test 396 in the upcoming session, Today gave a call of 350 pe on telegram channel BUY at 3.70 with targets of 4.20 and it went to hit the targets. Check the about section to join telegram channel, These supports and Resistance can prove a turning point for Tata Steel.
TATASTEEL LONG FORECAST TATASTEEL CAN BE BULLISH ACCORDING TO MY ANALYSIS
AT WEEKLY FIB 61.8
AT LOWER TRENDLINE
400 STRIKE PRICE HAS THE HIGHEST PUT OI
DISCLAIMER
TRADE/ INVEST AT YOUR OWN RISK
BAMM (Tatasteel)Entry at BAMM line 480 level.
Target 500.
Trade valid only until 450 is not breached
Realtime example of TAIL trade on TATASTEEL4 tails at the value high with one excess and 2 tails found at the value low with one excess. The presently fromed tail is not at excess but its a breakdown channel.
Remarkable points , recently created tail has enough shadow as comparted all others.
Therefore, Possible to fall more OR create a series of tails .
Tata Steel | Double TopDouble Top pattern spotted in Tata Steel . Pattern is confirmed as price has broken below 500; neck level retesting looks to have done already. Pattern suggests a target of 485.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
TATA STEEL seems to trade lower , short idea TGT 395TATA STEEL performing lower as there happens to be a cut in steel industry ,
Also ,
Technically it seems Stock price rolling inside a channel,
Short with a target of 395
