Tatasteel_buy
tata steelThis is tata steel chart level for daily weekly and monthly support and resistance.
Use indicators for buy and sell.
Use this chart level in 15 min or 30 min , or in daily chart.
Tata Steel FuturesTata Steel (Future)
You can buy a future and patiently wait for levels as high as 800.
Tata Steel future is in an uptrend in the daily charts. I have been bullish in Tata Steel in a long time but it has slipped since then.
What makes me happy is that the candles have taken a support on 10 EMA at 681 levels and bounced back from there.
Data
650 is a major support with an Open Interest of 1,513,000 in 650 ce with possible short positions of 175,100.
Trying to analyse the upside, 700 pe is the only level with possible short positions of 119,000.
This shows us that once Tata Steel manages to cross 700 there is no resistance till 750 as there are 40,800 possible short positions.
Call writers are trapped at every level which will support prices to rise. The rise may be a very quick one but patience is must as we know how bad the metal index performed on the 12th of Feb.
Tata Steel FuturesTata Steel Futures
A very strong support at 679 was respected yesterday. The candle in the daily charts give us a bullish signal.
Uptrend is clear and I would like to hope that it will continue with a target of 718+ in short term.
Intraday support can be seen at 690 levels whereas support on closing basis can be seen at 684 levels.
Buy on dips for short term
Tata Steel Intraday and Week LevelsAs per Day Chart,
5th wave is completed so today it takes retest to previous high(close)(627) then tatasteel comes down to 577 (may be within weeks)
Intraday (8 dec 2020) - above 614 to 627
tatasteel small retracement is started so once the reach retest(627 and wick above ) it down to 577
now it takes correction
so friends Becare
Tata Steel - Bullish trend reversal on weekly timeframeNote: This is for educational purpose only.
On weekly chart, Tata steel was making lower highs and lower lows. The previous lower high was broken with momentum. RSI indicates overbought. There seems to be a consolidation before next up move. This is a positional view.
TATA STEEL at resistanceTATA STEEL is trading at the resistance on a daily chart possible the trend can change
TATA STEEL - long planConsidering the growth in Metal sector from past couple of trading sessions and current NIFTY trend,
if TATA steel sustains above 321 - we can consider for short term uptrend.
Above 321 - > Targets 330/340/350/360 ..
Pls add to watch list & lookout for market trend before trade.
Almost Sureshot Trade!! Follow Us for Almost Jackpot calls!!Almost Sureshot Trade
This Time Coming with Metals Sector
Tata Steel Buy near 260-265 Levels
with one and Only support 249-250
for a Target 280-295-310+
Comments For Any Stock Related Query !! I will Try TO Post My View WIth All Levels And Chart
Buy Or Sell Tatasteel?..intra day trade updateif you look at the charts tatasteel is near its 50 period weekly ema if it breaks one can buy with a near tgt 445 which is weekly resistance and tgt2 of 458 which is also a weekly resistance but much stronger and a strong monthly support at 432.
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TATASTEEL is in the range between 330 and 350TATASTEEL making lower low but indicator is looking strong
If 330 is broken downside can be a shorting opportunity
If 350 is broken downside can be a long opportunity
#tatasteel Buy near 330 320 @in_tradingviewNSE:TATASTEEL
Buy Tata Steel in SIP 310
Near 330 - 320
SL 290
T 368 390 425
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.
#BUY TATASTEEL ABOVE 588INTRADAY TRADE (TRADE FOR TOMORROW | NOVEMBER 13th)
#BUY TATASTEEL ABOVE 588
Near Channel supportTatasteel is near channel support 442 which is also the 50% retracement level of prev move from 377 to 508. If this holds it can resume its uptrend. Stop loss for this trade is any close breaking below the channel trend line which is @440
CMP 454 is not in a favorable R:R for me. Will wait and take trade between 448-445 levels with stop loss @440 on closing basis.
Disclaimer: This is my personal view.Not to solely influenced by this please do analysis from your side to have a better perspective for your trade.
