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 /...
#tatasteel #breakout #patterntrading #patternbreakout #trianglepattern #ascendingtriangle TATASTEEL : (1-3 Months) >> Breakout after 2.5 yrs >> Ascending Triangle Breakout >> Good Strength & Volumes >> Low Risk & High Reward Trades Swing Traders can lock profit at 10 % and keep trailing
Bullish Piercing Reversal Pattern With Good Volume & Previous Supports Buy At Cmp - 118.1 SL - 114 ( Day Closing Basis )
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.
TATASTELL is about to breakout above 124-130 in coming months post which we can see WAVE 3 on Weekly Charts with impulsive movement & targets above 500+ in coming 2-3 Years LTP - 107 SL - 80 Targets - 500+ Time frame - 2-3 Years Breakout above 155 on monthly timeframe would be ideal time to go for Investment. Happy Investment.
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 make best Ascending Tringle and Breakout With Perfect Retrecement So Now Can Add For Swing Trading
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...
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.
After a five wave rally stock is correcting in a three wave fashion. The five wave rally can be considered as a wave-1 of higher degree and the subsequent fall should be taken as wave-2. Hence,stock is likely to correct towards 100/97 area which is also a 50%-61.8% fibonacci retracement zone, which suits better retracement for wave-2. Trading strategy: Sell 103...
NSE:TATASTEEL #NSE:TATASTEEL formed beautiful ascending triangle. Trading @ resistance level, tested twice. Good for short to medium.
: 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