TATA Steel may be up for grabIf 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.
Tatasteel_long
TATA STEEL - DAILY Chart Analysis 23.11.2021TATA STEEL as per my weekly and daily chart analysis today have made fresh entry at 1190 level and target 1250 level. Happy Trading to All
TATA STEEL at Good Support Good opportunity can be capturedGood Support: 1250-1235
if not sustained new support will be @1280 and @1180
Analysis before any decision because it is you at the end to see the consequences.
Tata Steel futuresTata 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 good.
Can buy at current levels.
TATA Steel - wait for trend line breakTata Steel result will be announced today, we can expect a good move on either sides. Add this is in your watchlist. Take positions after the trend line break.
Tata Steel Bsl for Swing TradeNSE:TATASTLBSL Swing Trade
Current Price 89.50
I’m expecting a significant upmove
If it break 93
Target Open
.. Grab this swing
This is only for education purpose.
TATA STEEL BSL - Swing tradeTATA STEEL BSL - Swing trade
Triangle breakout with a bullish candle along with volume breakout as well.
RSI bullish divergence.
Hold for targets :)
TatasteelNSE: TATASTEEL 1326
-Symmetrical Triangle Formation
-Price Confirms
-Next Level To Watch 1375-1410-1430-1465-1480-1535
-Support Near 1290-1260
-Closing Basis
TATA STEEL TRADING STRETEGY FOR OCTOBERAscending Channel BO mark on the chart
option trading strategy
TRY OUT1
BUY FUTURE TATASTEEL @1375 WITH SL 1325 AND SELL 1460 CE
TRY OUT2
SELL 1480 CE @18
SELL 1280 PE @12
ENJOY 30 *850=25500
FOR ONE LOT
BEFORE INVESTING CHEACK AT YOUR END.
MCPRICEACTION
Swing SetupEXPLANATION : This is a 1 hour time chart of TATASTEEL . I am seeing a very good buying and selling both side opportunity in TATASTEEL because of many reasons . It has taken support from demand zone . If give a strong breakout and broke its trendline resistance with volumes . I am bullish on this stock for the coming days , we buy at the bottom and sell at the top . If give a strong breakdown and broke its demand zone with volumes and has retested the same. I am bearish on this stock for the coming days @1190 & @1130 . Enter as per your setup .
If you like the analysis give a Like // Follow for more updates , let me know in comments below :)
TATA STEEL SHOWING A BREAK OUT SIGN!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 trail until the all-time high is broken. The short-covering moves can take the price to the ultimate target set by the XABCD bearish crab pattern.
The breakout, stop-loss, and target levels are mentioned on the chart.
Happy trading :)
This is just for educational purposes.
TATA STEEL Break out and SupportTATA STEEL Break out and Support
stock has done a gap up breakout look for long with Target of 96 and 100
Simple Trade Setup | TATASTEEL | 18-10-2021 [INTRADAY]NSE:TATASTEEL
Observations:
1) On 1 day time frame, we can see that it faces resistance from 50DMA zone. And closed below 50DMA.
50DMA is placed at 1381.56 level.
Sustainable breakout of 50DMA on daily time frame will continue the uptrend.
Please refer below chart : 1day Time Frame.
2) On 1 day time frame, if we apply FIB RETRACEMENT then we can see that it trade between 50% and 61.80% range of FIB.
Please refer below chart : 1day Time Frame.
3) On 15min time frame, we can see that it is trading in uptrend parallel channel.
Upper trendline will work as resistance, middle trendline will work as support & resistance w.r.t price action and bottom trendline will work as support.
Please refer below chart : 15 min Time Frame.
-------------------------------------
Trade Setup for Date 18-10-2021:
Most of the levels will remains the same as per previous setup.
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
TATASTEEL FORMING A TRAINGLETATASTEEL can be traded after breaking this symmetrical triangle either side but chances are breaking it in upward direction.
TATA STEEL PRICE ACTION ANALYSISTata 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 continue. If you are a risky trader, consider holding until 1070.
Happy trading :)
This is just for educational purposes.
Tata Steel_buy for target of 1560Tata Steel (CMP: 1463.75)
Stock price has formed the Diamond pattern and given breakout. Also, the stock price has given breakout on the 10 DEMA and 20 DEMA. Volume and RSI are slowly increasing in the last 3 days.
Look for following target. T1: 1,490, T2: 1,525, T3: 1,560; SL: 1,400
TATA STEEL PRICE NEARING A SUPPLY ZONE.Tata steel price is near the XABCD bearish pattern's potential reversal zone. From PRZ the price could make a correction or breaking of the PRZ could lead to a short-covering rally.
For new long entrants, wait for one of these scenarios. The levels and the stop loss point are mentioned on the chart.
Happy trading :)
Only for educational purposes.
TATASTEEL HIGH PROBABILITY SWINGAfter a long fall in metals , they are recovering fast!
Tatasteel has 2.80 percent gap made when it faced a big gap down. This gap can be exploited and easy profits can be made as the gap will surely be filled.
T1 is the main target in the trade and other targets can only be chased if the stock gives closing above T1 .
Tata Steel - Extreme bullish ATH closing🔴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 its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
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