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Tatasteel_short

TATASTEEL Breakdown Opportunity Stock Name: TATASTEEL Entry Point: Considering a short position if the price breaks below today's low, supported by strong open interest (OI). Stop-Loss (SL): Placed above today's high to control risk effectively. Target: Near the next key support level or adjusted based on real-time price movement. Disclaimer: This analysis is shared purely for educational purposes and is not a recommendation to trade. Please perform your own research and consult a financial advisor before making any investment decisions.
NSE:TATASTEELShort
by tradinggoat_2018
TATA STEEL AnalysisGaps 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 to watch Volume & OI & then take position. Con 3: If we witnessed Gap down opening, Wait for support breakout in 15 min candle then only go with short positions. Note: OI & Volume to be considered in all the trades.
NSE:TATASTEEL
by Option_Kontrol
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 :)
NSE:TATASTEEL
by pranav_nanavare
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.
NSE:TATASTEEL
by Trading_hawk
6