Tata Steel longTata Steel long
good to go long
Daily: BB Blast
Weekly: W shape
Monthly: at 60 Support
TATASTEELPP trade ideas
#Tatasteeel cash : Looks good around 1190-1201#Tatasteel cash - Positional call
16 Jan 2022
Looks good around 1190-1201
Stoploss 1152
Tgt 1280-1300/1380
Cmp 1213.60
Tata Steel Ltd. BuyTata Steel Ltd is a well diversified business entity. It manufactures ball bearings, hand tools, tubes, steel wires, and also operates chrome mines..The company also in the business activities of Steel, Ferro Alloys and Minerals.
CMP: 1213.60
Target: 1332
Buy above 1199 which is critical support. use dip to buy strategy. Breakout of W Pattern it may retraced to neckline and go for big target.
Feel free to share your feedback and queries.
If you want to know about your stock please mention in comment.
Buy tata steel for target of 1389 & and 1450 and SL of 1345 forBuy tata steel for target of 1389 & and 1450 and SL of 1345 for 1 to 2 week timeframe
Tata Steel for Short term analysisTata Steel is forming base formation after consolidation
Keep in your watchlist.
Tata Steel ready for the uptrend!🤩💸🔥Buy Tata Steel for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
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💡Key triggers for future price-performance:
India’s share in Tata Steel’s overall consolidated production capacity has risen from 29% in 2010 to 57% in 2020 and is likely to reach 73% by 2030. For FY22E, Tata Steel is targeting over US$2 billion gross debt reduction wherein it will prioritise offshore debt repayment.
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Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too.
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The stock had given a 13-years long Volume Breakout in April 2021 and then after it has been in a retracement phase from August 2021 with decreasing volumes. Now with the formation of a Double Bottom in a Weekly timeframe stock is poised for a strong rally will begin from current levels.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
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LIKE, COMMENT & SHARE 😄😄😄
Tatasteel breakoutHello traders, hope you are doing good and enjoying gains in nmdc & tatapower.
Now this time tatasteel has given a long awaited breakout from is channel pattern, I posted trading idea of tatasteel before, here on tradingview when it made a double bottom and said that this could be the time it we will get a breakout and asked you guys to make your positions accordingly.
The channel pattern seems to have been broken by strong candles so it definitely looks good for the upper marked targets.
RSI is above 50
MACD above the signal line.
Buy above - 1216
Targets mentioned in the chart above
TATA STEEL ON bullish breakout modeTata Steel has breakout and Expect Next Swing Towards 1280 and further 1420
TATA STEEL FOR LONG BUYToday 13.01.2022 Tata Steel has given a conformation breakout for upside . We can again go for long position in this .
Tata Steel BullishTata steel seems buy at dip for long term
as well as short covering breakout in weekly with double bottom confirmation
concentrate for short term, swing etc if price sustain above 1224
Tata Steel - Beginning of new uptrend Key highlights:
1. Bounced off the weekly demand zone
2. Forming a Bullish market structure
3. Support from 200 MA
4. Good volume expansion
5. Testing the trendline for the 4th time. It may give a breakout this time.
6. Flip level @1246. Expect a good move if it closes above 1246.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
NSE Certified Technical & Fundamental Analyst
TATA STEEL: Bullish ReversalStock has violated the triangle scenario & broken the previous swing high. one should go long with SL of 1180 & look for the target of 1280/1320-50 zone
TATA Steel 1300 Immediate Target# 100% retracement level of Blue marked cycle
# Confluence with 38% retracement of Wave ((3)) Black
Good Buying and support zone
Expected Now to give at least a bounce to 50% retracement of immediate cycle ((c)) black upto 1250-1300 level
#TATASTEEL DEEP CRAB PATTERNcmp1203, Target 1278 ( reversal zone ), good to buy at cmp , stop loss 1152
TATA STEEL: Bearish TriangleStock is forming a bearish triangle. One can go short near 1140-45 keeping SL of 1185. for tgt of 1100/1065/1050-45
