TATASTEEL Price Action 0111Price seems to be in a downtrend, rangebound. 1050 seems like a good support.
TATASTEELPP trade ideas
TATASTEEL further levels !!NSE:TATASTEEL
#NSE:TTATASTEEL open with gap up and with a small pull back given good bullish mometum.
Resistance levels for the day marked for referrance.
Happy LEarning !!
Tata Steel - Short Opportunity#TATASTEEL - Read it full- New way to learn how to read chart
Comment 'we are the powerhouse' if no one teaches you in such easy way ;)
Short opportunity
Lets explore new style of seeing stocks. As stock is in Downtrend. Ask yourself, 'Last selling kaha se ai' . You will get an answer -1200 levels. Then ask 'last buying kaha se ai'. You will get an answer -1100 levels. Now these two are your key levels.
Now till the time these two levels are not broken to up, the trend wont change.
Now how to trade? Levels jahan se last selling ai, vo wale log profit book zarur karenge aur stock upar ja skta h kabi b. Will you buy it right now? NO- as it can hit your sell.
Now as we understand, we wait for a pull back to the level jahan se ' Last buying ai' or the level jahan se 'last selling ai'. If on either levels, we see a bearish candle, that will be our entry and SL will above that level.
Level jahan se last buying ai is important, because that can be a possible resistance now, which was earlier support.
I hope your learned a new way today & Understand chart in a better way
Moving in channelChannelling techniques works well in zig zag type of correction... Till now the way pattern has formed it suggests zig zag. Last wave B retracement was 0.618 of the wave A, and now looking for wave A= wave C at 915. Let the pattern unfold before taking any trading decision.
M pattern B/O in Tata Steel I feel to see M pattern in Tata Steel chart shared Below feels like a Big Move Thats couldn’t sustain before.
REFFER
mages.app.goo.gl/UuDKGMyxHYhKA6ZP8
TATA STEEL: RSI Divergence resolvedTata Steel is trading in downward channel. Seems an earlier RSI divergence has been resolved. Wait for weekly close before taking any fresh position of either side.
LOOK FOR BUYING OPPUTUNITIES NEAR 1000 (TATA STEEL)one can look for buying opportunities near 1000 in tata steel as its strong support zone and price can reverse from there.
Double Top Pattern at tatasteel Be Cautious #Doubletop #Pattern (trend reversal ) at #tatasteel weekly chart.
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
NOTE- INVESTED #TCS
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #doubletop #doublebottom
Tata Steel Short trade.In TATASTEEL ending diagonal has been formed at the end of Wave B, If there is downward breakout one can expect down move which is the start of wave C, if it didn't breaks the invalid level placed at 1386.7, then the marking are invalid.
Tata Steel : A good retracement and ContinuationStock has taken support around 1050 levels which is also a 0.50% retracement level.
Stock is showing higher buying volumes and good strength.
Can be bought around 1200 with a target of 1500 and SL of 1050.
DISCLAIMER: Only for educational purposes only.
short tata steeltata steel have broken strong support target on downside comes around
TARGET1=925
taerget2=800
stop=1110
TATASTEEL day time frame viewTATASTEEL day time frame view
this is for educational purpose
not for trading signal
Tata Steel Looking BullishAs per my analysis, Tata Steel is looking bullish on hourly chart.
The major support is @ 1069
On hourly chart it is also showing Bullish divergence.
Once can keep this stock on watchlist with a target of @ 1238
PS - This is for educational purpose only. Trade at your own risk. Happy Trading!
#TataSteel
#Tatasteel cash : Strong support 1050-1090#Tatasteel cash
16-May 2022
Strong support at 1050-1090
cmp 1123
BULLISHRecently made
1)Tripple bottom
2)Near support
3)W pattern in formation
near support 1000-950
Disclaimer-
Charts are posted only for Educational Learning and for Technical Experience.
This Channel does not provide directly and indirectly any buy/sell/hold recommendation.
Consult your Investment advisor to take any trade
I am not a SEBI Registered Research Analyst or Investment Adviser.
Tata steel target 600?Its already late to short but Tata steel pattern is inverse C&H
Breaking handle will take it to 600 sub levels.
TATASTEEL - RISING WEDGE - BEARISH - SHORTFor Educational Purpose..
Short Bellow - 1340
SL - 1385
Target - 1300, 1270, 1240
Thank you.
Tata steel Long @ Rs 1300NSE:TATASTEEL
Tata steel Long @ Rs 1300
Entry Rs 1300 to 1320
Target 1445
SL 1210
Time: 3 weeks
CMP 1295
Qty: 100 Shares
Tata Steel has formed two demand zone in last few days . Overall stock is sideways since last few months , recently in news. Looks that now can break the last supply zone and can also move to a new All time high. Buy in cash and hold for 3 weeks.
Disclaimer: This is an trading idea not an trading or Investment advice. this is for the purpose of education only consuly your financial advisor before taking any decision. author may enter in trade, take your own decision
TATASTEELAS MENTIONED IN THE CHART
EDUCATIONAL PURPOSE
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