BREAKOUT TO TRADE: Nifty Metal Sector has gave weekly closing above 61.8% Fib Retracement which means Metal Sector is now officially in Bullish Trend. Our Long Term Pick is TATA STEEL REASON : 1. Symmetrical Triangle! 2.Metal Sector Staring at a Breakout! 3. Removal of weak hands done last week. TARGET : 1500+ SL IS WEEKLY CLOSING BELOW 595
NSE:TATASTEEL #NSE:TATASTEEL formed parallel channel, BO may give good momentum. Levels marked on chart for practice. Happy LEarning !!
Tata steel looks good on daily chart with a potential Break out candidate. It has formed a C&H pattern on daily chart & also breaking the trend line & the previous high trend line. Volume has been good over past few days. The RSI is in 60+ zone so the stock has good momentum with Strength. Keep an eye on the counter, can give some good returns in short...
Hi everyone This is the longterm forecast of tata steel. If anyone has any query he can reply in comment. Thank you.
waiting for long for this opportunity... you guys can enter here for targets of 1400 upto july 2022. chart here is self explanatory... Best Regards, Sangram Kanade.
NSE:TATASTEEL #NSE:TATASTEEL reaching resistance and good above 1318. Happy LEarning.
Currently the stock has discounted 14% from all time high levels. Tata Steel (Daily): 1. Taking support from 38.2 Fibonacci levels 2. Good volumes on Breakout 3. Retesting done 4. Positive crossover of 5,13 Exponential Moving Average NSE:CNXMETAL 5. Reversal from 20 Days EMA 6. CNXMETAL Index also forming Flag and Pole Kinda formation View Point: 1....
Tatasteel has been consolidating in a narrow range after a bullish movement in the stock. It is forming a bullish chart pattern on a higher time frame. The breakout of the parallel channel can give a move of 5%. Watch the stock for the tomorrow
Metal sector is having good momentum and good charm these days, here are some stocks analysed like Hindalco and Tatasteel, both are looking good enough to go long, as per price actions and as well as per elliot waves along with trend indicators. Indicators of Hindalco hindalco macd in weekly positive crossover hindalco macd in daily is positive rsi in daily...
Currently jaisa market mein weakness hai uske according ye stock jyada weak ni lgra hai. chance hai long term mein accha perfrom kr skta hai. isme aap short term trading bhi kr skte hai ho video mein level bta diyya hai. ye buy ka recommendation nahi hai.
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.
TATA STEEL Trade Plan and Levels for Tomorrow.. Trade easily with BUY / SELL Signals... We can expect TATA Steel to Open Gap up tomorrow. As per technical its BULLISH Trend and the Sentiment also POSITIVE. CPR will be key Support to go Long. You can refer the chart for Resistance and Support levels. Happy Trading!!! :-) Disclaimer : The idea is purely for...
TATASTEEL looking bullish. RSI shows BULLISH DIVERGENCE. RRR : 2.75
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...
Breaking long time Trendline with volume increament. Year 2022 is made for Steel sector and can bet on Tata steel.
TATASTEEL can give good upside move above 1229 zone R:R the setup can be used for positional trade. SL and Targets mentioned in the chart.
tata steel buy above trend lone for swing tatasteel tradingview