Bullish structure spotted in Tata Steel very tiny small stoplossIt appears that Tata Steel's structure has been disrupted, but we could still make a profitable trade with minimal risk using a favorable risk-to-reward ratio.
TATASTEEL trade ideas
Tata steel close to breaking trendlinetata steel almost breakout 127.90 and 127 are the points to watch targets 140
TataSteel - LongTata Steel has given a clear Cup and Handle breakout.
The breakout is supported by good volume as indicated in the chart.
In near term looks like it will reach 150.
CMP: 128
Target: 150
SL: 117
These are my views, please do your due delligence.
If you like this, please hit the like and follow me :)
Bullish on Tata steelTata Steel has given a pole and flag pattern breakout, which is a bullish continuation pattern that indicates a strong uptrend. This implies a potential upside of 50% to 55%.
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📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Inverted H&S with Rising Channel & Cup & Handle
📌 Symbol/Asset: TATASTEEL
🔍 Description: Stock has given multiple breakout of Inverted Head & Shoulder, Cup & Handle and Prices are going up in a Rising Channel.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
TATASTEELTATASTEEL :- The stock has given a breakout, but wait for retesting and plan something only after that. Till then keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
TATASTEEL SHORTTata Steel has broken on weekly charts and all metals also has been facing rejections at resistances . Going forward there can be clear cut short entry at opening of markets on Monday and targets can be minimum 5%-10% based on risk appetite. Stop Loss for the trade could be near 114-115 and targets can be 95-90 Rs.
TATASTEEL - Add to WatchlistTata Steel Limited is an Indian multinational steel-making company, based in Jamshedpur, Jharkhand and headquartered in Mumbai, Maharashtra. It is a part of the Tata Group. TATA Steel Limited is a diversified steel producer, engaged in the business of steel making, including raw material and finishing operations.
TTM EPS: 1.33
TTM PE: 98.05
P/B: 1.55
Mkt Cap (Rs. Cr.): 159,368
Dividend Yield: 2.76
Sector PE: 18.38
Book Value Per Share: 84.35
Some Positives:
Strong Momentum: Price above short, medium and long term moving averages
Near 52 Week High
Some Negatives:
MFs decreased their shareholding last quarter
Degrowth in Revenue and Profit
Decline in Net Profit with falling Profit Margin (QoQ)
Decline in Quarterly Net Profit with falling Profit Margin (YoY)
Low Piotroski Score : Companies with weak financials
Declining Net Cash Flow : Companies not able to generate net cash
Major fall in TTM Net Profit
Fall in Quarterly Revenue and Net Profit (YoY)
Recent Results: Declining Operating Profit Margin and Net Profits (YoY)
My Opinion: I am positive on Metal stocks in the coming months. Add TATASTEEL to your watchlist.
NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
Tata Steel - Long Trade - Kursi Ki Peti Baand LijiyeNSE: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 patience to maintain your current positions.
Pattern Formed - Flagpole & Bullish Pennant
Positional SL - Low point of the pennant pattern
Immediate SL for long trade - Top of the pennant breakout line or say 115 on WCB
Conclusion - Breakout of the pattern and retest done. Should resume upwards journey
Let's see how the story develops. Best wishes!
Disclaimer -
- My thoughts are shared here. This is both for my own records and for keeping track of what I see on charts.
- If you are referring to this, please keep in mind that it is only for educational and research purposes.
- Past performance is no guarantee of future results.
- You must accept responsibility for any decision you make. DO NOT TAKE THIS AS AN INVESTMENT RECOMMENDATION.
- It's your hard-earned cash. Trade / Invest wisely, keeping in mind your trading style, goals and objectives, time horizon, and risk tolerance.
- Before investing, conduct your own research and consult with a financial advisor.
TIA!
Tata Steel Long Opportunity For Long Term We can buy for long term up to TP 1-2-3 if price crosses above entry price.
Trade at your own risk.
TATA STEEL: Forming a Symmetrical Triangle PatternTata Steel is forming a Symmetrical Triangle Pattern and as per expectation it should give a breakout from 113.
Based on the pattern, one can enter after the breakout above 113 and a target can be set around 194 with Stoploss to be set around 102.
This gives us risk to reward ratio of 6.9.
Pattern is forming on weekly chart with horizon of 2-3 years.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Triangle break out for Tata Steel after a strong uptrend TATA Steel is running in a range ... Now ready for the break out..Take long position after day closing of 118 level and we can expect 140 level .. 17% upside
#Tata_ Steel #nifty
Tata steel Trangle breakout with proper retest. Trangle breakout with high volume. Looks good for short term investment. Keep sl @99 target 143/167/223
Tata Steel - Low risk setupThe chart shows that the stock is trading in a triangular pattern for the last few days. Also, a rising parallel channel is formed in recent times.
Considering the price of 102-100 as the last support, we can anticipate an upside move up to 135 around.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
VIEW ON TATA STEELBreakout from the consolidation period
Can further show an up move
Target 135/140
Stop loss 122
I am just representing my views
For educational purpose only.
Leading Diagonal wave 5 in the making.Tatasteel has started an fresh impulse post a complex WXY correction running on intermediate degree there by completing wave 4 on Primary degree.Evidence for this is trend-line breach along with price challenging wave X high.
This fresh impulsive move has taken a form of leading expanding diagonal which has marked the start of wave 5 on primary degree.Of this impulse it seems like we are beginning wave 5 which can take price to the level of 127 from CMP of 117.On the downside one can keep an exit 114 which gives us an Risk-Reward of 1:3.
Additional evidence for going long is price has crossed 200 sma and has managed to stay above it and is making higher high's and higher low's.
Disclaimer:Posting this for my future reference do not initiate position solely on the basis of this analysis.
TataSteel Bullish pattern is forming on chart of 1W/1DHello Guys chart is always right we can watch and grab the trade/Position Target is 200+ as per my analysis.
TATASTEEL - Weekly AnalysisIn the Weekly Chart of TATASTEEL ,
we can see that, it has given Trendline breakout.
Enter on retest at 123 with SL as 117 and go Long for 3 years.
TATASTEEL C&H BREAKOUTTatasteel breaks C&H pattern
good volume MACD crossover
near target 132 +
trading above all key ema
eductinal idea only
TATA STEEL LONGBuy tata steel with target of 139 based on elliott wave analysis if u want to conservative buy wait for Bo
#TataSteelNSE:TATASTEEL
TataSteel major resistance at 125.
Today's Breakout above the resistance is with very good volumes.
Looks promising to go Long.
Retest zone 124-125
SL : 114 CB
