Tatasteel
Tata steel Tata steel looks good till upper trendline.
As it has formed IHNS so it will give that target also it is forming bullish flag pattern on daily chart. So looks a good bet for long term.
Will prefer adding in all dips. Sl below trendline.
Views personal.
I Can go wrong.
Not a trading recommendation.
DYOR
Postional- TATASTEEL Long Strategy :- Support/Resistance Broken on 1 Day closing basis.
Tata Steel Has broken a major support resistance zone range of .
Positional traders can take position in Tata Steel For target of 140. Approximate time for achieving target will be 1-2 months.
Entry:- 112
SL- 101/100
Target :- 139
TATASTEEL Looks Bullish TATASTEEL Has seen Fresh breakout on the Daily and 4- Hourly Charts. When Observed on the weekly Chart Strong Support at 106 is seen in the stock. Stock Broke the Resistance Levels 106 Retested it and again heading towards higher levels. We are Going long on TATASTEEL Future at CMP 112.25 For the Targets of 120- 125 and Stoploss of 105.75
TATA Steel - Short term Bullish Trend AnalysisTATA Steel - Short-term Bullish Trend Analysis
1. Missed yesterday's breakout.
2. Today it's up more than 7%...
3. Look like the cup with handle pattern formation.
4. target will be 130 for now...
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
Tata Steel swing entry triggered Today broke its channel, breakout target comes around 1010, and 2nd target 1043 , if breaks n retest 1043 can re-enter again, as 1043-1063 is big time support zone, however it's gonna split on 28th Jul so price level will change, and generally it's is observed whenever any stock is about to split, it gives a rally just before the split. Taking support of EMA 20. From last swing low currently at 0.5 retracement and up. And taken support of Anchored VWap' high marked on swin low on april20.