TATA STEEL LONG FOR (1:6 R:R)tata steel good for long at current price of 100.25
stop and target mention on chart.
more than 1:6 RR trade
lets see, whats market plans now, i m going to buy this tomorrow on deewali.
HAPPY DEEPAWALI.
TATASTEEL trade ideas
#TATASTEEL #TISCO Tata steel, forming box and breakout pattern, similar breakout now looking for uptred.
Trend Analysis on TATA STEELTata Steel is forming a pole and flag pattern in 4 hours tf and expects an uptrend breakout in the coming month. I'm hoping for a price around 94-96 as a good entry point for short-term trading. Because of the previous major rejection, a reversal from the 108-110 level is expected on the above chart.
Tata Steel - Took Support at Descending Broadening wedge1. Took Support at Descending Broadening wedge & Previous consolidation low
2. Buy above 1185 on weekly close
3. Stop lose below 1090 on weekly close
Upcoming Trend direction & Trade set up I have made efforts in placing chart in such a way that, it reflects the down move in 1st instance and then it will rebound for Intermediate Trend Target
Good luck
pennant pattern breakout buy=103.60
target=113.25
stoploss=95.75
early breakout entry for pennant pattern.
head and soulder pattern breakout in small time frame (1 hour)
TATA Steel Can Shoot Up After Retest [Range Breakout]
TATA Steel Can Shoot Up After Retest. Investors need more confirmation before entry. Always check for retest.
Falg Pattern in tata steelThere is a flag pattern in tata steel 1 hour time frame wait for breakout and trade accordingly
Tata Steel: Trading below 200 day EMATata Steel
- stock is trading below 200 day EMA
- trading near 20 day EMA
-gap resistance at 109-114
Given the set up one may consider to sell 27 Oct 2022 expiry 120 Call option currently around 2.3
Profit potential 9-10%.
Be cautious if Tata Steel goes above 110. Exit if closing is above 114 in Spot.
Take care and safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Tata Steel - Short, Negative Crossover on weekly chartTata Steel first gave a weekly breakdown and then again established a weekly close below 100 after retest of breakdown level.
It is in a downtrend which will get negated if stock price establish a weekly close above 106 and then above 115 to start the fresh uptrend.
Until then, it is in downtrend and may slide till 82 and 75.
TATA STEEL - REVERSE FLAG FORMATION ?NSE:TATASTEEL
Chart itself explanatory, reverse flag formation consolidating in the range. Can able to see shorting opportunity..
Sell with stoploss - 113
Target - 105, 102, 99
TATA STEEL - DAILY CHART - 26.09.2022 - BAHAVAN CAPITALTATA STEEL as per Daily chart analysis stock Below 98 then Target is 92.70.
With FII Net Selling 5101.30 Crores and DII Net Buying 3532.18 Crores it looks like FII have begin the selling once again and tomorrow could be an important day to see whether market is able to recover by consolidating forming a Reversal Doji candle in Nifty and Bank Nifty or continue to fall. Lets see whether the market if at falls can take reversal at jun 17th 2022 Nifty level of 15183.
Happy Profitable Trading to all..
Happy Navaratri wishes to All...
Psychology Hacks for your daily trading and Investing LifeI daily make educational content videos on financial markets.
TATA Steel - Bullish PatternTATA Steel has formed a bullish pattern in the form of Cup & Handle. There is a possibility of 27 rupees upside (+24%) if it crosses its previous high of 112.90. Maybe by November or Dec 2022.
Anything below 96 is a short.
Watch out for this stock. This is my observation based on charts.
TATA STEEL: CorrectionAfter 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 , SL: 106 tgt: 100/97
Breakout of Steel - TATASTEELSigns of Breakout on Daily Time Frame.
Stock trading in a narrow range for the last few days. Any signs of trending below 102, may go, and test levels of 94 -95
Not everyone can bend the steel. so for risky traders only
Boradening wedege pattern breakout.After blowing my account, i am back to learning.
This is a Broadening Formation for a Descending Wedge pattern. The targets would be 122 and then it can give a breakout.
Feel free to comment.
Wedge pattern Breakout in TATASTEEL.Discription:
Stock Name: TATASTEEL
Chart Pattern: Wedge pattern
Time Frame: 1 Hour
Breakout entry above : 108+
Breakout target above : 114+
TATA STEEL
Check the feb levels
cmp is matching with 6 months and 3 months poc. if its break the trendline and 110 which is 38.2 feb leven can play till 61 feb level which is 125 then trail yourstoploss till 130 which also stand for trendline and 1 year poc NSE:TATASTEEL
cup and handle patterncup and handle pattern is observed in tata steel .. right now handle formation is under process ... so wait for it breakout... in one day time period. the whole market is down due to nifty50\
TATASTEEL Ascending triangle !!NSE:TATASTEEL
#NSE:TATASTEEL formed beautiful ascending triangle.
Trading @ resistance level, tested twice.
Good for short to medium.
Buy Tata steel Buy tata steel after breakout target 150 it can be very good buying if breakout happpens. Be smart trade wisely
long Chart Aanalysis For TATASTEEL Just started chart reading and learning new things, cristism most welome. Ready to learn and work on suggestions. Thanks for your reviews and comment.
