Tatasteel
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
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.
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)
TCS IS ALL TIME HIGH IN ALL TIME FRAMEI always try to alert the small investors because i am one of the same
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THE INFORMATION IN MY IDEAS IS PROVIDE FOR EDUCATIONAL OR INFORMATION PURPOSES ONLY.
THIS IS NOT FINANCIAL ADVICE.
ENJOY SOME PROFITS
MAKE SURE TO HIT THE LIKE/SUPPORT FOR MORE
THANKS A LOT
WISE YOU SUCCESS
trading inside a channelthe stock is currently trading in a channel ..so wait for it to break the channel so that this can be picked up for investment purpose agg traders can enter once the channel is broken conservative ones can enter after a small consolidation(after channel breakout)
refer chart for details
SHORT TERM HIGH PROBABILITY TRADE || LONG || TATA STEELOne might buy Tata steel on dips with SL placed at 455 and targets of 479/485. The RSI is placed at 30.36 and indicates a high probability of a bounce back. It is also supported by the bullish candle created today. Bounce on the Nifty also supports the move.