TATA STEELNSE:TATASTEEL has formed good base. Once breaks above 109
Can give good Bullish momentum. Expecting a Rally.
TATASTEELPP trade ideas
Tata Steel – Predicted Intraday High Low Range for todayTata Steel– Predicted Intraday High Low Level for today.
Today Tata Steel will trade in between the marked zones. Look to BUY at Green zone and SELL at Red zone.. Any breakout either side we can expect strong move towards the breakout side.
Along with these levels we should also confirm our entry with Price action.
TATA STEEL --INTRADAY SETUP --28-11-2022TATA STEEL - HOURLY CHART --INTRADAY SETUP -28/11/2022
1. tata steel hourly chart seen trading at lower channel
2. last hourly candle seen breakout on lower channel at above 105 level
3.RSI seen abobe WMA and above 60 level now bullish for short term
4. one can initiate BUY on intraday at 106 for target 108-109-110 and stop loss 103 level
5. intraday support 103.75 , 105 and resistance 107.50, 110 as mention on chart
THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk..
Comments and suggetions are welcome .!!
HAPPY TRADING . !!
LongChart pattern clearly shows breakout and retest
On daily chart we can go upto 109 ,113 current targets 100 can be ur sl . Long term also it's good rest make your own decision
Short Tata Steel to get target of 94-95on 4 hour time frame it indicate bearish hold as it already broken previous support now wait for the target to achieve between 94-95.
TATASTEEL this weekTATASTEEL is in resistance but after a retest on a support level this stcok will show a bullish move but at present this stock is in a bearish zone ...
#TATASTEELTATASTEEL ready for a fresh move
In Q1 RRG
No Overlap shows bullish structure
105.25 should not be crossed
Tata Steel : Good Break out available at Very Low price.Market Cap is ₹ 131,351 Cr
ROCE - 31.6 %
ROE - 42.6 %
Debt - ₹ 87,516 Cr
Reserves - ₹ 106,277 Cr.
Profit after tax - ₹ 28,727 Cr.
PROS
Stock is providing a good dividend yield of 4.74%.
Company has delivered good profit growth of 76.8% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 43.0%
CONS
Contingent liabilities of Rs.40,505 Cr.
Company might be capitalizing the interest cost
TATA STEEL LTDTATA STEEL LTD:- As we will see in the above chart, after a long consolidation the stock has now broken the range and given an upside-bullish continuation pattern.
Now we are expecting an upside rally to continue in Tata Steel
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
TATA STEEL SHORT TO MID TERM SWING#TATA STEEL given breakout in day time frame, making harmonic bat patter, taking support from dynamic trendline & also making lower high on weekly time frame.
Buy around 103 TO 104
TGT 112, 118, 122
Stoploss 100 on day closing basis.
Disclaimer :
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Tata steel ...... going towards wave 3 ???Explained on charts .......
This is just my view .... trade according to your own risk management
Tata Steel Correction Done. Headed NorthTata Steel is done with intermedaite correction in forma of ABC and wave 4 is place now.
TATASTEEL - Swing Trade - Symmetrical Triangle PatternThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
MAKE THOUSANDS FROM this STOCK EASILYAt this time, tata steel is in 3rd wave. Which is very sharp and dynamic. Target 1 is 109 (60% quantity take out). TARGET 2 is 112 (with remaining 40% quantity). SL is 103.20
Tata Steel Weekly Breakout Tata steel has given a weekly breakout of around 5 week consolidation.
This can be a good short term trade if played out well can give a good targets.
Going to 120TATA steel
Consolidation bear flag could reach 120
Afterwhich it could decide the trend direction
3 Amazing swing trades and Index Intraday analysis for 4 NovI daily make educational content videos on financial markets
Tata Steel Consolidating in Symmetrical Triangle , Keep WatchTata Steel Consolidating in Symmetrical Triangle , Keep Watch NSE:TATASTEEL
VERDICT Tata Steel
Consolidating in Symmetrical Triangle
Will Give Big Move Around Within 15 Days
Keep Watch
Only For Study Purpose
TSI Divergence In TATASTEELShort-term divergence in 15 min chart of TATASTEEL, price is making lower highs while TSI is rising. Sign of an upmove?
TATA STEEL_BEARISHTata Steel ltd seems falling wedge pattern. Its bearish pattern. If price does not sustain above 106, it will move downward.
Cautious in short term with Tata steel may fall to 75 in a yearBuy Tata Steel near 75 it may fall from current price due to inflation and fluctuation in steel prices in coming months
Personal view!
