This is the analysis of TATASTEEL in the weekly Time Frame. Watch carefully. The chart explains itself. If it breaks and sustains above the upcoming resistance level, it is good for the stock. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or...
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.
NSE:TATASTEEL on weekly charts has a commanding positional advantage. Since commodities are news and dollar driven, some little knee jerk reactions can emerge during the journey, and perhaps by the end of September or early October, NSE:TATASTEEL can become a brilliant trade to play with. The positional view is also displayed on the chart, but it will need...
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!
Stock is near to BO level on daily chart with good volume build up, follow chart for proper support and resistance levels.
Tata steel after breakout his Ascending Tringle Chart Pattern Now its coming for Retrecement and after the 120 Getting or Taking Support from we can Comsider for Swing trade with 2-3Rs SL or 1:5 or Approx 1:8 Targets KEE AN EYE ON IT…..!!!!
Tata Steel is trying to break out of the long Consolidation (1.5Years+) It did a breakdown on 23rd Decemeber but immediately reversed which suggests a furious move on the other side. It was also the 61% Retracement of recent trend. Important Levels: For Long term Investors: It should not Close and sustain below Rs100. Trade below 100 opens up the areas of...
Above 120 only We can expect Breakout towards 136. Flase Breakdown -Price takes the reverse gear. According to technical analysis, the price has to touch 95-97 levels. This analysis is just for educational purposes.
Tata Steel is respecting the daily trend line with breaking it once in the recent market fall, so far the bullish momentum shows that it could be a bear trap. It is currently testing the daily TF supply zone from where the latest fall began. On the hourly tata steel has given a break of a downward sloping trend line hence breaking resistance & showing bullishness....
Tata steel has shown rejection of a 15 min supply zone twice, it should turn out to be a good shorting opportunity with 107 as SL & 101.65(friday low) & 99.50 as targets.
TATA Steel Can Shoot Up After Retest. Investors need more confirmation before entry. Always check for retest.
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
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
#TATASTEEL Trading near good weekly support of 103-107 which should be held on Weekly Closing Basis. If yes, we may see a good bounce till 120/125 levels, that's good 15% rise. If not, we may see a good fall till 96-93 odd levels with 82-83 being ultimate weekly support.