TATASTEELPP trade ideas
Tata steel stock is good for swing tradeTATA STEEL stock is good for swing trade.
TATA STEEL stock resistance is broken
buy 113.90 and sp is 108 and 1st target is119 2nd target is 125
TATASTEEL breaks multi-month resistanceTATASTEEL breaks multi-month resistance and gave a retrace possible for a bullish move we can go LONG (BUY)...stoploss if it close below the support line
ALMIGHTY TATA STEELTata steel looks good on weekly chart by the closing basis break falling resistance trend line and closed above on that, some weeks back it breaks 50 days moving average and came down with very steel fall after so many days it managed to give a close above on it's 50 days moving average so the conclusion is this that we can see a sharp rally in this giant in coming sessions.
Cause of long-:
1- Falling resistance trendline breakout.
2- Break 50 days moving average and closed above on that successfully.
Inverse head and shoulder pattern in TATASTEELNSE:TATASTEEL
Inverse head and shoulder pattern in TATASTEEL with a neckline around 110.
Safer above 114 (200 DMA).
Target 136.
TATA STEEL Inverse Head & Shoulder Tata Steel buy position forms 1. Inverse Head & Shoulder 2. RSI divergence 3. Volume
A very good stock for medium term position. Please take position at your own risk and after consulting with your financial advisor.
Tata Steel Cup and Handle BreakoutTata Steel Cup and Handle Breakout on Daily Chart,
Volume more than Avg
Tata Steel Cmp 112.65 dated 12-8-2022Tata Steel Cmp 112.65 dated 12-8-2022
1. Inverted Head & Shoulder Pattern on Chart.
2. BO @ 112
Buy @CMP for tgt of 115-118-121-125-130-138
SL 105
It is just a view, pls trade at your own risk.
TATA STEEL - DAY CHART - 16.08.2022 - BAHAVAN CAPITALTATA STEEL Daily Chart Analyis
Above 113.60 Target 120
Happy Independence Day to all....
Happy Profitable Trading to all...
Tata Steel - Inverse Head and Shoulders Breakout PossibilityTATA Steel :
Inverse Head and Shoulders Breakout Possibility (though not perfect)
Stay long with support at 107
Tata steel 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
Tata steel Breakout. Long Price close Above Avwap of 12th April and daily resistance of ₹109.
Good for long swing Trade.
Buy -above ₹112
SL -105
Target 1 - ₹117
Target 2 - ₹121
Target 3 - ₹123
Tata Steel Close above Anvhor VwapPrice close AVwap of 12th April'22.
Resistance broken with big geen daily candle.
Buy recommend above ₹112
SL : ₹105
Target 1- ₹117
Target 2 - 121
TATA STEEL ready to be bullishInverse head and shoulder pattern's neckline breaking out, just one day above closing and its ready to go high as mentioned targets
SPLIT HAS PROVEN BULLISH FOR TATA STEEL WHY BULLISH ?
> 110 Neckline on a weekly chart has been broken with a high strength almost marubozu candle.
> RSI divergence also has been broken as seen in the picture.
> Again at the same time as I am writing this - global market sentiment along with national market is bullish.
> 1 is to 2.5 approx. risk reward ratio is achievable in this .
> Still best entry time starts when the retest from the same level is done .
One extra inf . - The stock split in the ratio of 1:10 has awarded 10 shares in the hands of shareholders for each share they owned. Hence, the value of the Tata Steel stock has gone down by 1/10th after the stock split. - 29 JULY , 2022 - It has proven to have positive impact as well.
Kindly Comment If Anyone Found This Information Helpful Or Anyone Who Takes Position After Reading This Article.
Thankyou.
Tata Steel - Cup & Handle BreakoutFocus on Tata Steel ~ Cup & Handle break out
After huge struggle, finally broke the handle resistance comfortably.
Targets given
Postional- TATASTEEL Long Strategy :- Support/Resistance Broken on 1 Day closing basis.
Tata Steel Has broken a major support resistance zone range of .
Positional traders can take position in Tata Steel For target of 140. Approximate time for achieving target will be 1-2 months.
Entry:- 112
SL- 101/100
Target :- 139
tata steel 4hr TFAfter some weeks, gud breakout on thi stock with cup and handle breakout and target are mentioned in the charts and there is good accumulation upto 109.
