Tatasteel is in a correction mode . So, do not initiate a buy position until ATH is crossed.
For buying follow the given levels.
Buy- Above 1450
SL - 1220
Target - 1300 1350 1370
For shorting given levels should be considered.
Short - Below 1070
SL - 1110
Target - 1030 1000 950 900
If TATASTEEL corrects to 900 , then you can buy for swing trade.
Note:- I am...
TATA STEEL BEAR GANG Dominated
TATA STEEL Broken the Bulls Heart
Today(May 20) unfortunately TATA STEEL had ended in a significant Strong Bearish Candle.
Finally TATA STEEL Broken the Bullish Channel.
Price Action Moves like a Lambo Towards the Ground.
Bullish Gap found Today. (Extremely Potential Signal)
Overall Strength RED LIGHT (May 21...
Hey Guys,
you can go through the above analysis with the help of Chart pattern levels and Fibonacci Retracement TATA Steel has break its long term chart pattern and which will help you to trade
TATA STEEL Analysis through Complex Technical Analysis:
TATA STEEL is in a Dangerous Zone.
Once TATA STEEL Breaks the Channel it's next stop will be at either 1042.00 or 1014.00 or even below.
Current Situation, TATA STEEL is running out of Momentum. ADX is Dropping from a height of 45.
Expected RED Candle Tomorrow.(May 19, 2021)
Shorting would be...
This is tata steel chart level for daily weekly and monthly support and resistance.
Use indicators for buy and sell.
Use this chart level in 15 min or 30 min , or in daily chart.
BREAKOUT TO TRADE:
Nifty Metal Sector has gave weekly closing above 61.8% Fib Retracement which means Metal Sector is now officially in Bullish Trend.
Our Long Term Pick is TATA STEEL
REASON :
1. Symmetrical Triangle!
2.Metal Sector Staring at a Breakout!
3. Removal of weak hands done last week.
TARGET : 1500+
SL IS WEEKLY CLOSING BELOW 595
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...
The stock is forming a pattern and if it follows Double Top then it may test 600 levels.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
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
![TATASTEEL: TATA STEEL (Forecast for 21/5/21 [NSE])](https://s3.tradingview.com/e/eYeqHhyd_mid.png "TATA STEEL (Forecast for 21/5/21 [NSE])")
![TATASTEEL: TATA STEEL (Forecast for 19/5/21 [NSE])](https://s3.tradingview.com/f/f5u7nErD_mid.png "TATA STEEL (Forecast for 19/5/21 [NSE])")
