TATASTEEL coiling up for a big moveTATASTEEL 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!
TATASTEELPP trade ideas
Tata Steel getting ready for big movesTata Steel has seen sideways movement for long time & Volatility has been contracting weekly bands have tightened & its already at upper end of weekly band Weekly RSI maintaining above 50 a close above 60 would mean trending period daily RSI is stable above 60 keep this stock in watch list.
Charts for Education Purpose only.
Tata Steel Most Trusted Pattern FormedTata Steel Most Trusted Pattern Formed Sym Triangle.
Sector move on..
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern:Head & Shoulder
📌 Symbol/Asset: TATASTEEL
🔍 Description: Stock with Breakout
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Tata Steel Analysis 11-7-203 Buy over 28 closing; for 150 -300Tata Steel Analysis 11-7-203 Buy over 128 Daily Closing; for 150 Short term target & up to 300 for long term target. Potential to go 350.
Exit (Stop Loss/) before Target if
On 9-RSI ema 21 cross over 3ema; (Weekly Timeline for Shortterm & Monthly for Long Term)
OR
on prv weekly lower break.
TATA STEEL Looking Bullish On a Daily time frame TATA STEEL is forming Head & Shoulder pattern giving us target of 170 by the neckline.
Tata Steel Confirm Targets 2023 Tata Steel Chart Analysis For Long Term and Short Term Analysis
In Tata Steel stock found Two Chart Patterns - Flag Chart Pattern and Decending Triangle Chart Pattern
Flag Pattern - Continuation chart Patterns ( Bullish Breakout Possible )
Decending Triangle Chart Pattern - Bilateral Chart pattern ( Bullish or Bearish Breakout Possible
Tata Steel Analysis Stock is near to BO level on daily chart with good volume build up, follow chart for proper support and resistance levels.
TATA steel (EVENING STAR) at the top of the triangle TATA steel (EVENING STAR) at the top of the triangle
one can look for short position
as market is creating a Evening Star at the top of the Triangle Pattern
with the stop loss of high of the Evening Star
Stop Loss 113.25
1st Target 104
2nd Target 95
Tata Steel ..Breaking OutTATA STEEL about to breakout of symmetrical triangle on Weekly and Monthly timeline.
Can head for a potential target of 125 , 150 🎯 .
Simple and clean setup for 🚀🚀
My Observations ✍️✍️
Tatasteel showing promising signs of a breakoutTATASTEEL shows promising signs of a breakout as it approaches a significant supply zone on the chart. With the price nearing the level of 116, there is potential for a strong and swift upward movement in the stock. This breakout could be an excellent opportunity for traders to capitalize on the anticipated upside momentum. With the marked levels serving as a clear reference, investors can closely monitor the price action and consider taking advantage of the potential gains in TATASTEEL.
Tata Steel Update.Tata Steel is again @115, after long consolidation,
Since the price is now about neck line Tata Steel should pick up momentum
As per analysis 120 is not far.
Since consolidation was more than expected price target should ne 125 Rs now.
Already said o e needs patient I this stock.
Tata steel bullish*Stock has clearly made a symmetrical triangle pattern in weekly chart
* Golden crossover happened in daily chart
Looking good for swing trades
TATASTEEL is making higher highs for some weeksNSE:TATASTEEL is looking good to me and taking support on a trendline and if it's giving breakout then 120 levels can be seen soon.
TataSteel enters selling zoneCurrently attempting to fill the gap near down trendline.
Any bearish development in this zone can be trigger to a continuation of downward move.
SL above 125
Expecting target of 85 in 2~3 weeks
Tata Steel Analysis for July 2023Tata Steel share analysis for July 2023, during this bullish market
Tata steel showing symmetrical triangle pattern Making a symetrical pattern in the weekly chart. It represents that both buyers and sellers are active and have equal power. Now where ever it gives breakout with good volume i will make my mind that way.
If upper breakout happen upper side with good vol i will long from 115 with 1st target 125 with Risk reward ratio of 1:4.
If lower breakdown then i will short after crossing of 108 support level with target till 101 with RRR OF 1 : 3.67.
BUT MOST PROBABLY IT MAY BREAK UPWARD as from 2 3 weeks its showing green volume candles. Again i say maybe it can go up, and may be not.
Tata Steel Swing1) Weekly Timeframe is bullish
2) Daily Timeframe is also bullish
3) 4HR is in bullish structure
4) Metal Index is also bullish
TATA STEEL UPDATES Tat steel as said is 9n way completing is right shoulder. It had completed 115 neck line target as said and is trading below it. More time it remain below neckline , target will be more higher.
Short Term Trade Tata SteelOn 30m chart , breakout is visible in tata steel
On the breakout candle, Volume is higher than average
and there is sudden rise in ATR
The resistance trendline broken, is now acting as a support after the breakout
Since this pattern is on 30m chart ,
we consider it a short term trade and keep low tgt of 115.6(green horizontal line)
and SL of 112.25 (white horizontal line)
RR Ratio is 1:1
TataSteel Not bullish yet.Wait a moment to take bullish entry to TataSteel.
It has to wait for at least 15days or a month to boost up side.
There are 2 days more to expiry so many people has taken entry with very low premium but they will exit today or tomorrow as not to take delivery or give delivery. It will going to pull down back price to main support so please wait while it make proper correction.
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TATASTEEL - Weekly AnalysisIn the Weekly Chart of TATASTEEL ,
we can see that; after Cup & Handle breakout at 109-109 levels.
it has now retested it.
we can take an entry at 109 with 104 as SL with target of 137.
other details are explained in chart.
Tata steel after dividend Hello friends,
Today was dividend price adjustment on $tatasteel.
On 1 day timeframe it in bullish trend
but it looks like there is short term down trend started,
we can find again long position once it take support @108 or @107
#first make short position still it support
#second wait for trend reverse to bullish because it may break up level and make new high this time.
Its my point of view on this stock, but please do your own analysis and make your own view and take positions.
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