LONG POSITION CAN BE TAKENwait for the trendline breakout .after break of the line good movement can be seen .Chances of recovery is higher
TATASTEELPP trade ideas
Tata Steel - Double bottomTata steel formed a bottom bottom and comfortably broken neck line, can go for long..
Keep this stock in your radar
Tata steel done very deep analysis first timeNSE: TATASTEEL
If Breaks Then The Targets could be Taken at 948
Time Frame :- 1 Hour
Patterns Name :- Double bottom
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Based on Your Own Risk this is only to Show you the Current Pattern
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TATA STEEL on a chill NSE: TATASTEEL
If Breaks Then The Targets could be Taken at 1016
Time Frame :- 1 Day
Patterns Name :- Elliott wave
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
BTW Like and Follow if you like this awesome content
Made By MAYANKTECHRESEARCHING
TATASTEEL Weekly Gann S/R Levels.TATASTEEL 's weekly Support and Resistance levels According to Gann price Square where TATASTEEL can take a support and face resistance in coming week
levels with # are most important among those levels.
TATA STEEL: Inverse H&SInverse Head and Shoulders
This pattern forms after an extensive downside rally. It consists of a left shoulder, a head, and a right shoulder. The left shoulder is formed after a big bear rally in which the volumes are quite large.
At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the starting of the left shoulder. After this again a down move can be seen on large volumes forming a head having its bottom is below the left shoulder following an upmove correction on lower volumes & completing the head.
The completion of the head must be above the top of the left shoulder. If the prices rise above the top of the left shoulder then too this pattern remains intact. In the end, the right shoulder is formed usually on smaller volumes comparatively the previous two rallies.
Now if you connect the tops of the left shoulder, head & the right shoulder there will be a formation of the ‘Neckline‘. This line will act as a decision line. If the prices break this neckline & give closing above the line, this will be the confirmation of the breakout of the Inverse head and shoulders pattern.
However, it has been noticed that after breaking of the neckline the prices again attracted towards this neckline. We say this phenomenon as a retest of the neckline which will add some more confidence while trading this pattern.
After retesting if the prices again start rising, this will be the final confirmation of the up move as shown above.
The bookish target of this pattern is taken as the vertical price range from the bottom of the head to the neckline & the bookish Stop loss should be the bottom of the right shoulder. However this stop loss can be big, so it is advised to keep a stop loss of 4-5% of the price range below the neckline.
TRADING STRATEGY:
Buy near 870 zone with SL of 830 and look for the target of 960-985 zone.
TATASTEEL Weekly Gann Levels TATASTEEL weekly S/R Levels according to Gann price Square
levels with # mark are more important levels to watch out
Tata Steel : Time for accumulationTata Steel nearing its 2020 Base which is a confluence of (22/03/2021 B/O level) and (19/01/2018 Swing Top)
750-786 good level if we get.
#TATA STEEL #STEEL_SECTOR #OPPORTUNITYTRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
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tatasteel is a good buy at 732/735 levelstock has more downside.......732/735 is a good level to start buying the stock..
#TATASTEEL Impulse downTATASTEEL is returning to test the band on monthly charts and excellent opportunity to buy the stock on declines.
TataSteel - Stage Analysis - TFH May 2022Full period chart Stage Analysis for TataSteel - cyclical sector - TFH May 2022
TATA STEEL AnalysisGaps pending
Upside: 997.95/1020.8 & 1044
Supports: 869 & 842.85
Resistances: 895.6/927.7/950.8/974.7 & 991.6
Note: OI & Volume to be considered in all the trades.
Conditions applied:
Con 1: If we witnessed Gap up opening nearby 895.6, Wait for breakout & then take long position accordingly with the given levels.
Con 2: If we see sideways opening, then need to watch Volume & OI & then take position.
Con 3: If we witnessed Gap down opening, Wait for support breakout in 15 min candle then only go with short positions.
Note: OI & Volume to be considered in all the trades.
TATASTEEL - Professional Stoploss HuntNOTE : this is for educational purpose and not any recommendation to trade / investment
the Weekly chart structure of TATA STEEL shows how a minor lower low by just a couple of Rs triggers stoploss of traders / investors those who follow Previous Lows as Stoploss
RoundtopTata steel formed round top pattern. Expect further down side to Rs 600. Please consult your financial advisor before shorting.
tata steel bearish flag pattern occurtata steel bearish flag pattern occur
Null after Gap up Opening
this is for educational purpose not for trading
thanks
TATA STEEL - Daily close below 1212.80 will lead to down levelsIf we close below 1212.80 level on daily basis, then the possibility of testing 1060 and breaking that will lead to test 915.70 levels. To understand or use the Fibonacci indicator try this link below
IS THIS THE END OF ALMIGHTY TATA STEEL?? #TATASTEEL #METALSOn monthly charts next support is looking far belo
will people feel this is cheap here?
will it bounce from here?
simple understanding chart i do not want to complicate it much
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tata steel tata steel at breakout level in trriangle pattern
if you want to take entry then you can but at your own risk,..
this i education not suggestion
tatasteel is a positional buy ideastock has reached a good suppport.........shark pattern is in the making which will take the stock to 1476 level
