Tata steel has to take out the resistance.Resistance shown in the chart to touch target 1 and 2.
the recent correction was a flat correction.
It appears it is emerging out of the correction.
don't forget to like this post
follow me to get updates
TATASTEELPP trade ideas
tata steel tata steel in bullish move new target 1500 :) and above we can also trade intraday on same move
TATASTEEL Double BottomGood Consolidation after breakout.
Now, Double Bottom has formed (reversal pattern)
Upside breakout will give good move.
Continuation of multi year breakout.From April 2020 Tata Steel has been in a uptrend stock. Since few months stock has been correcting and making lower highs and lower lows and current price action shows breakout and retesting of correction. Tata steel may or may not consolidate at current levels for 2-3 days and any upper momentum will confirm it's upward journey. NSE:TATASTEEL
TATA STEEL VIEWHi, Tata Steel gives breakout in triangle pattern after long time, Now it is consoldating in range, Wait for range breakout Then we can see good momentum, Generally pattern showing FLAG & POLL Pattern after breaks trendline, After range breakout we can see level of 1370, 1425 & all time high. Let's see.
TATASTEEL READY TO FIRE.....Taking clear bottom support 4times sucessfully..... Now, ready to blast breakout the pattern which was formed earlier …can try for Min of 5 TO 10% decent profit......
TATA STEEL OUTPUTlet see what happened with global sentiments
@tatasteel short and long at both sides just observe the levels what can happened with global sentiments
Long Break Out in Tata SteelTata Steel may be achieve target @ 1400-1500 with in 2-3 month
Stop loss - 1150 at closing basis
After 1500 may be go next target @ 1800-2000
Note :- Above thoughts is only learning purpose not for trade.
Tatasteel under 4th wave formationTatasteel under the formation of 4th wave, in that its clearly formed ABC formation in downside, will get first confirmation for 5th wave on crossing 1330 level by momentum candle formation. If its crosses above 1550 level than next target will expect upto 1700 & above.. if its fail to cross 1330 and above than we can expect another ABC formation in downside upto 1064 level and below..
Disclaimer
This article is only for educational purpose. Not recommending any thing thank u..
TATASTEEL | Bullish Neowave CountHi everyone
This is the longterm forecast of tata steel. If anyone has any query he can reply in comment.
Thank you.
BUY in DIPS @TataSteel accumulate in dips for investment purpose, better in SIP Mode, Near by looking bearish.
Probably TATASTEEL looking bearishTATASTEEL form bearish Chart Double Top . Which indicate bearishness . anotherwise look at RSI divergens also indicates that. small rally was over small correction is now here.
TATA Steel opportunitywaiting for long for this opportunity...
you guys can enter here for targets of 1400 upto july 2022.
chart here is self explanatory...
Best Regards,
Sangram Kanade.
TATA STEEL - LONGReversed from its support .
We can call it as either
-Double Bottom
- W Shape Recovery
- Cup and handle
SL Below DCB .
TATASTEEL - Triangle Pattern + Bull Flag Breakout - Swing TradeThe 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.
Tata Steel Retraced and again bounceTata Steel Retraced and again bounce Back and made high, covered entire selling and looks extremely Bullish
