Trading near resistance level im bullish near by resistance is 700
cup and handle pattern based buy after a long rally T1 - 750 T2 - 798 T3 - 860 STOP - 670 (for positional) option traders - 800 ce / 780 ce(march) disclaimer - trade @ own risk
I have updated my analysis please check out the latest Tata Steel Support and Resistance
Tata 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...
Buy : Tata Steel SL : @680 Target : @700-@710-@720 . . . DM for Any Enquiries
Tata 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
On Tata Steel hourly chart, ascending triangle is about to breakout. As per text book rule this pattern breaks out northwards. In this case of Tata Steel, There is no space remain in triangle for price to move. Rally in stock market itself push price out of the pattern on upward side. fundamentally, no bad news about sector or about this company is in the air. So...
Tatasteel buy long till target
Buy TATA STEEL above 715 keein sl of 706 for the target of 725/745/755
From here onwards we can expect an upward move in Tata Steel as RSI divergence data looks positive and formation of a rounding bottom can be predicted. One can go Long from here.
I wrote an idea earlier on TATASTEEL and my opinion of the same using the monthly chart. Here, I've used the monthly chart of NIFTYMETAL which in my opinion is bullish at the moment. Even though, I am posting this idea in order to further my discussion presented in the TATASTEEL idea but have done as much justice possible to the NIFTYMETAL monthly chart and have...
Tata Steel Gave Great Breakout in previous Trading week, with massive volumes, Now, it can be continue its Bullish Journey if it's sustain on 642, (That is 78.6% Fib Level) .. Target 1 : 690 Target 2: 750 NOTE: Its 1W (WEEKLY TF) That Means Above Predictions Can Be Right In 3 to 6 Months. Feel Free To Ask For Any Technical/Fundamental Query Comment Down...
TECH- Enter the retrace / breakout target - 638 Fundamental - strong q2, MOU with Hindustan zinc. Infra boom.
Note: 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.
Support 520 560 - 640 - 720 #BharatJaiin
ON WEEKLY CHART TATA STEEL IS COMING OUT OF ITS DOWNTREND. BUY FOR LONG TERM...