NSE:TATASTEEL
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
When we saw heavy selling in US stocks at the same time we have observed weakness in some of indian index. Metal index is one of them.
5900 is a crucial resistance zone where index been rejected multiple times and even last week price broke out but failed to sustain & friday we saw rejection from the zone. A reversal candle will confirm the pattern and can...
TATA STEEL gives another opportunity to missed traders with a beautiful low volume pullback to its breakout point.
The first breakout was given on high volume and stop loss has still not been hit. Stock gives traders another chance to enter
long with a good risk to reward of 1:2.
This pullback seems to be a normal one and no need for more selling to take place,...
Tata Steel trading above 200EMA, in uptrend now, making inverted head & shoulder pattern.
sl should be 109,can buy above 110 for ST target 125.
Only for educational purpose,do ur own research .
TATASTEEL breaks multi-month resistance and gave a retrace possible for a bullish move we can go LONG (BUY)...stoploss if it close below the support line
Tata steel looks good on weekly chart by the closing basis break falling resistance trend line and closed above on that, some weeks back it breaks 50 days moving average and came down with very steel fall after so many days it managed to give a close above on it's 50 days moving average so the conclusion is this that we can see a sharp rally in this giant in...
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
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 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
NSE:TATASTEEL
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Tata Steel looks decent at current levels. If the current levels are held then one can go long in this stock. The stop loss is marked in the chart for better understanding.
Tata Steel has broken a major resistance of 107, and is now retesting it with a minor pullback.
this is a Major level that has been tested atleast 5 times as Support and
Go Positional long with Target of 125 / SL of 97
RR - 1:2
#TATASTEEL
Trading near good weekly support of 103-107 which should be held on Weekly Closing Basis. If yes, we may see a good bounce till 120/125 levels, that's good 15% rise. If not, we may see a good fall till 96-93 odd levels with 82-83 being ultimate weekly support.
