Huge Bullish move.This analysis is based on Price Action and Breakout of support and resistance.
Disclaimer: This is for educational purpose. Not a financial advice.
TATASTEEL trade ideas
TATA STEEL : BUY NOW AT SUPPORT LEVEL TO HOLDTata Steel Limited is an India-based steel manufacturing company. The Company is engaged in the business of steel making, including raw material and finishing operations.
The stock CMP : 106.30 is currently reversed from downtrend and retested support @ 103.20. There are two formations, one is parallel channel and the second is Symmetrical Triangle Pattern. The stock is at support in both patterns. Appropriate time to enter the trade with least Stop Loss @ 103.50 or 102.25 for targets as 111.20 , 118.90 , 124.40 and 133.10
The positive trend in Nifty Metal , is favoring the trade and Once , 50 EMA crosses over 200 EMA, we may see sharp rise in the price.
This analysis is completely for education purpose, please trade only after your own analysis and at your own risk.
Best of luck !!
tata Steel SpotI have been warning each one of you about the METAL SPACE for atleast 4-6 months now... DO NOT dabble in this space if you do not know how to read the waves on each and every time frame.....Stay Away for Now..... Let it all play out@ above/below. And remember just because my heading says LONG/SHORT.... does not mean it will happen tomorrow.... U have to know the wave structure and act accordingly
Tata Steel has broken out of the long downward sloping trendlingTata Steel has broken out of the long downward sloping trendling and can resume its upward move in the coming weeks and months on the back of fall in the dollar index. A short term trade can be taken from current price 107.95 for a target of 118/120+, keep stop loss at 98. Please accumulate more if you get 103-107 levels.
Please follow a strict stop loss.
For option lover i also have a trade:-
option buying:- buy tatasteel apr 105ce @4.30
keep a stop loss at 1.5 and go for target 8/10/12+
option writing:-
sell tatasteel apr 115pe @7.45
and hedge with 105pe @1.10
keep a stop loss at 15 for this trade.
Please follow a strict stop loss.
If anyone likes my work please like, follow and comment.
Thankyou
TATASTEEL UP MOVETATASTEEL last up move ,
forming 5th of 5th wave
this is an analysis not a trade advice, trade with due diligence
SHORT TATA STEELSHORT TATA STEEL LTD
CMP - Rs. 107
Target - 1: Rs. 85
Target - 2: Rs. 72
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Bearish Flag BO on the weekly chart
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Maximum Returns - 33%
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This is just a view, please trade at your own risk.
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Follow me for more!
TATASTEEL weekly chartTATASTEEL has already broken the support trend line and now final support is 99 if break this level possible target is 85
ALMIGHTY LONG OR SHORTHello friends I am sharing the Daily time frame chart of Tata Steel that is looking trading on very well placed horizontal support and stock is trying to make a new rising support trendline after breaking the old one and trading below from that sold support you can say it is standing on crucial spot and waiting for the next move for a directional trade in it by us so I try to prepare two trade ideas sharing below.
🎁🎁This is how we did work like home work after school classes it is easy to identify our tradeable levels in running markets without any hassle or trouble so always study more than trade.
IDEA 1💡- Long if break and close above the rising support trendline because it is acting as resistance now on daily candle basis for the target of 115 stop loss must be a closing below on this trendline.
IDEA 2💡- Short if break and close below the horizontal support trendline for the target of 95 stop loss must be a closing above on this trendline.
SECTOR INDEX ALSO LOOKING WELL PLACED ON SUPPORT 📊📈
📣📣📣📣NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
TATASTEEL near supportTATASTEEL near major support
For long (long term buyers) : can accumulate at this level.
For short (only for Futures & Option Traders) : can take short position, if price closes below 101 on daily timeframe, SL @ 103.75, TGT1 : 98.80, TGT2 : 95.80.
Please choose next month expiry for positional trades.
Note : It's your hard earned money always trade with SL, I'm just sharing my analysis
Tata Steel Triangle Pattern Breakdown! Symmetrical Triangle Pattern Formed On daily Chart With Weak Buy's And Shallowing RSI Indicating Further Weakness Upcoming Sessions. Sell ~ 108, With Stop ~ 102. Target ~ 94.50, Expected Target March Expiry.
On supportNSE:TATASTEEL
on crucial support level
this price has been tested many times and maybe act as a bullish divergence if the next two days it closes in green
Another lower's Low pattern can see on the chart and the closing price close at near crucial support if the support breaks then we may see the lower levels
buy tradebuying for target 111 and +
stop as per risk appetite
based on resistance cross theory
disclaimer - trade @ own risk
intraday
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
TATA STEELTATA STEEL LOOKING GOOD FOR SWING.
𝐃𝐈𝐒𝐂𝐋𝐀𝐈𝐌𝐄𝐑:-
𝐓𝐫𝐚𝐝𝐞 𝐨𝐧 𝐲𝐨𝐮𝐫 𝐨𝐰𝐧 𝐑𝐢𝐬𝐤.
𝐈 𝐀𝐌 𝐍𝐎𝐓 𝐒𝐄𝐁𝐈 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐞𝐝 𝐀𝐧𝐚𝐥𝐲𝐬𝐭.
𝐊𝐢𝐧𝐝𝐥𝐲 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐲𝐨𝐮𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐚𝐝𝐯𝐢𝐬𝐞𝐫 𝐛𝐞𝐟𝐨𝐫𝐞 𝐭𝐚𝐤𝐢𝐧𝐠 𝐚𝐧𝐲 𝐓𝐫𝐚𝐝𝐞.
Tata SteelInterestingly Poised to KILL both LONGS/SHORTS. A difficult trade to take on currently. @ alternates as plotted for you all to work upon
TATASTEEL Short Term Long opportunityDisclaimer: I am a beginner, this is purely educational purpose. I am not responsible either of your losses or gains.
TATASTEEL:
Looking bullish, narrow monthly CPR, and crossed 20 EMA.
Can enter CMP with target 130, SL 100,
tata steel price predictiontata steel is second large steel manufacturer in INDIA .TATA is good brand in INDIA.Share recently break its indecive candle to downside.it's strong support is at 106-100. My target is now 106.then change it's view behaviour of its chart pattern.update will be soon....
Tata Steel wave impulse formation Education purpose only: Tata Steel make minor degree wave 5 of wave (1). Try for long The trade level of analysis are mentioned in the chart
Opportunity to long Tata SteelTata steel is trading in a rising channel and currently placed at the bottom of the same channel.
Long position can be opened for the potential of 15% to 20% upside in coming months.
Stop-loss can be placed below the channel support on daily closing basis.
This idea is for education purpose only, please do your own analysis before entering any trade.
TATASTEEL an opportunity to rise!TATASTEEL is trading sideways at support. It appears that it is going to rise .
Tata Steel - Short Term SwingThis stock has been on my radar for days now been waiting for it to breakout
Here it is with good R:R
everything mentioned in chart
Trade only after ur own analysis
DOWNWARD CHANNEL - TATATSTEELShort side on Monthly Timeframe.
Short May Futures TATASTEEL and Sell Call options (110) MAR-2023.
Stop loss - 120.
Target - 89.
