TATASTEEL looks good Fresh breakout is confirmed in weekly chart. It is in retest, can be a good trade if planned properly. Weekly & Monthly Stoploss is given.
Tata Steel Daily Analysis Symmetric Triangle Pattern Formation in Tata Steel Tata Steel has made Symmetric Triangle Pattern. I did all analysis on the daily Timeframe chart and also metioned Projected profit over there. Symmetric Triangle Pattern is a continuation pattern. So i am waiting for the clear Breakout / Breakdown . As price gives Breakdown /...
Tata Still is in weekly correction, and correction could move price to the next zone of 70-80 rupee.
Tata steel is taking resistance from a trend line after forming a ATH in 2021 and the resistance line has been tested 4-5 time and finally it is near a break out. The stock took support from 20 ema on the weekly charts and has formed 'W' pattern. As the markets are trading and forming new highs. Stocks will also follow the same. Watch the metal sector move and...
TATASTEEL has been consolidating in a triangle and ready for a move towards the upside . Good investment bet for few weeks with SL 99.95 and target for 140-142 levels. Cheers!
Tata steel looks good till upper trendline. As it has formed IHNS so it will give that target also it is forming bullish flag pattern on daily chart. So looks a good bet for long term. Will prefer adding in all dips. Sl below trendline. Views personal. I Can go wrong. Not a trading recommendation. DYOR
TATASTEEL Has seen Fresh breakout on the Daily and 4- Hourly Charts. When Observed on the weekly Chart Strong Support at 106 is seen in the stock. Stock Broke the Resistance Levels 106 Retested it and again heading towards higher levels. We are Going long on TATASTEEL Future at CMP 112.25 For the Targets of 120- 125 and Stoploss of 105.75
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Gaps pending Upside: 997.95/1020.8 & 1044 Supports: 869 & 842.85 Resistances: 895.6/927.7/950.8/974.7 & 991.6 Note: OI & Volume to be considered in all the trades. Conditions applied: Con 1: If we witnessed Gap up opening nearby 895.6, Wait for breakout & then take long position accordingly with the given levels. Con 2: If we see sideways opening, then need...
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...
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.
instrument : Tata Steel Timeframe : 15 Min Pattern : Inverse Head and Shoulder Intraday Trade
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...
EXPLANATION : 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...
🔴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...
TATA STEEL is trading near trendline resistance. And after bear trap it gave good move today. Also the quarterly results are tomorrow so it can give good moves on either side. Comment down your thoughts below.
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₹