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Tatasteel_buy

TATASTEEL Analysis & PredictionThis is the analysis of TATASTEEL in the weekly Time Frame. Watch carefully. The chart explains itself. If it breaks and sustains above the upcoming resistance level, it is good for the stock. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your “STOMACH”. Disclaimer: This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading. About TATASTEEL : Tata Steel Ltd. is a holding company, which engages in the manufacture of iron and steel products. It operates through the following segments: Agriculture, Automotive Steels, Construction, Consumer Goods, Energy and Power, Engineering and Material Handling. Its products include Automotive Steels, Galvano, Tata Agrico, Astrum, Bearings, Pipes, Precision Tubes, Shaktee, Steelium, Tiscon and Wiron. The company was founded on August 26, 1907 and is headquartered in Mumbai, India.
NSE:TATASTEELLong
by suraranjanganguli
TATA STEEL: Forming a Symmetrical Triangle PatternTata Steel is forming a Symmetrical Triangle Pattern and as per expectation it should give a breakout from 113. Based on the pattern, one can enter after the breakout above 113 and a target can be set around 194 with Stoploss to be set around 102. This gives us risk to reward ratio of 6.9. Pattern is forming on weekly chart with horizon of 2-3 years. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.
NSE:TATASTEELLong
by paras0408
4
Triangle break out in Tata Steel 17/07/23.Tata steel is taking resistance from a trend line after forming a ATH in 2021 and the resistance line has been tested 4-5 time and finally it is near a break out. The stock took support from 20 ema on the weekly charts and has formed 'W' pattern. As the markets are trading and forming new highs. Stocks will also follow the same. Watch the metal sector move and the stock too. Metal sector is trading around 21400 levels giving 3.25% or 680 points move in a week. The index and stock both are in green and if the sector remains bullish the stock can give good bullish targets. On daily time frame, there is a triangle break out and a bullish moving average cross over. Entry :- Above 117.5 Targets :- 124, 130 Let the stock cross and start trading above the entry level. Long term investors can accumulate the stock for 15-20% return. Positional stock positions can be initiated and option traders can form a hegde in August series and trail there stop losses. Swing positions for a 5% move can be initiated as probability of bullish move is there in the stock. Wait for the price action near the levels before entering.
NSE:TATASTEELLong
by Mambotrade
TATASTEEL POTENTIAL REVRSAL ABOVE 1250Tatasteel has been in a constant downtrend for making lower highs and lower lows for the past 6 months. This seems to a reversal point and a start for an uptrend. 1.Reclaimed the flip level. 2.Crossed 200 ma. 3.Broke the counter-trendline. 4.Gave a rally after making triple bottom last week. It would be better if we see a consolidation before the rally Buy above - 1250 Targets mentioned in the chart above. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:TATASTEELLong
by this_is_shoaib
2
Tata Steel Ltd. BuyTata Steel Ltd is a well diversified business entity. It manufactures ball bearings, hand tools, tubes, steel wires, and also operates chrome mines..The company also in the business activities of Steel, Ferro Alloys and Minerals. CMP: 1213.60 Target: 1332 Buy above 1199 which is critical support. use dip to buy strategy. Breakout of W Pattern it may retraced to neckline and go for big target. Feel free to share your feedback and queries. If you want to know about your stock please mention in comment.
NSE:TATASTEELLong
by vahabsheikh