Tata Steel is following a downtrending trendline zone and Support are tested several times. So, If this trendline gets upside breakout then this is end of downtrend however closing above 1245 levels will be secondary confirmation. This is a trade to watch out very carefully as it is going to give a nice risk reward.
Tatasteel 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...
Tata 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...
Stock has violated the triangle scenario & broken the previous swing high. one should go long with SL of 1180 & look for the target of 1280/1320-50 zone
instrument : Tata Steel Timeframe : 15 Min Pattern : Inverse Head and Shoulder Intraday Trade
Hello traders, tatasteel tapped into demand zone made a double bottom there and gave a breakout from the same. I was somewhat late to publish this idea so look to buy on a retracement for above targets. Buy above - 1130 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 &...
If one sees a bullish pinbar or a bullish engulfing candle on the daily chart at 1082 levels then it may be a good buying opportunity with the target near 1250 and if it breaks 1250 then 1425.
Tata Steel has a huge call writing in 1300 ce. This can mean that the prices might not breach 1300 easily. Also, 1400ce has the second highest call writing volumes. Tata Steel futures CMP:- 1303.00 SL below:- 1280.00 Targets: 1375.00 / 1400.00+ Uptrend is prominent in the hourly chart and RSI too has shown a reversal. The results are expected to be really...
Tata steel stock price has fallen in recent times. However, the price is showing bullish signs now. The volumes are increasing and the price is nearing a breakout. The overall metal index showed a bullish sign. The XABCD bat pattern sets a supply zone/ PRZ which has to be taken out to make a new all-time high. Start booking the profits from the supply zone and...
stock has formed a DOJI reversal in Price action, can expect a correction
Tata steel's price has taken a drastic fall today. The price is near the demand zone set by the XABCD bullish bat pattern. If the price bounces off from the demand zone, we can go long and consider targets mentioned on the charts. The stop loss level mentioned on the chart is technically sound support, if this level is broken, the fall could be drastic and can...
Tatasteel BAMM trade - Buy at 1435 for Trgt 1509 atleast
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
I had earlier posted an idea on TATASTEEL on 13th June which was closed at cost. TATA STEEL has been in an uptrend, continuously forming higher lows. After the recent complex pullback, it seems rested and ready to move forward and challenge its highs and possibly make new ones. It has formed a continuation candle at the 20 EMA and is moving towards its all time...
Note: This is for educational purpose only. Do not trade in F&O based on this. There seems to be a bullish flag pattern breakout with RSI showing bullish momentum. SL: 1000₹