TATA steel Bull market 🐂 back again...Educational purpose only: here currently wave analysis says correction wave will be end in one or two days ... This is right time to join bull market...
Trade ideas
TATA STEEL | TECHNICAL ANALYSIS | BY - shadow(the noob trader)This is my attempt to analyze the price of TATA STEEL using Technical analysis.
You can go for a long because:
1. A good TD trend line breakout.
2. Sideways rectangle breakout.
3. A good volume breakout.
4. A good retracement after the breakout.
5. Above the 50 days MA.
Disclaimer: This is my first attempt at technical analysis so I would not suggest you take this too seriously, but feel free to point out my mistakes.
Tata Steel swing entry triggered Today broke its channel, breakout target comes around 1010, and 2nd target 1043 , if breaks n retest 1043 can re-enter again, as 1043-1063 is big time support zone, however it's gonna split on 28th Jul so price level will change, and generally it's is observed whenever any stock is about to split, it gives a rally just before the split. Taking support of EMA 20. From last swing low currently at 0.5 retracement and up. And taken support of Anchored VWap' high marked on swin low on april20.
tata steelon daily tf tatasteel formed trend reversal pattern
make long position for 1062
with stop loss of 945
TATA STEEL : DEMAND ZONE TATA STEEL is trying to come to the demand zone and go up , if the supply zone breaks and stay above then you can buy, otherwise it will come back from the supply zone to the demand zone and then you can buy
TATASTEELNSE:TATASTEEL
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Tata Steel Cmp 928 dated 20-7-2022Tata steel Cmp 928 dated 20-7-2022
1. Triangle Pattern on chart.
Buy Above 930 for a tgt of 975-1025 SL 895
It is just a view, pls trade at your own risk.
TATASTEEL BO 👍NSE:TATASTEEL
#TATASTEEL shared yesterday and given BO 2%, potential target marked for referrance.
Only for learning and practice.
Wish every one bagged good profits !!
TATASTEEL Ascending triangle !!NSE:TATASTEEL
#NSE:TATASTEEL Formed beautiful ascending triangle.
I have ignored the gap up retracement part in chart, if you know the reason comment below......
Happy LEarning !!
Forecast for Extended Move I have previously Made a Forecast from which it came down rapidly , please refer my previous Posting in this stock
Now Currently I am looking an further extended loss or down move in this stock ,
if you are holding in equity then consider placing an trailing stop
One must be careful before positioning the New Investments
You can wait for Complete Reversal on daily in case you want to position after this steep drop
Good luck
TATA STEELWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
TATA STEEL 28JULY EXPIRY TATA STEEL has potential both sides, so it is better to have an IRON CONDOR
-1x 28JUL2022 800PE - ₹ 1.2
+1x 28JUL2022 760PE - ₹ 0.55
-1x 28JUL2022 1060CE - ₹ 1.4
+1x 28JUL2022 1120CE - ₹ 0.6
With ROI of-1.67% with just 7 days of trading session left
It is a very good opportunity for safe traders
The only thing required is large capital
Margin required for 1 lot of IRON CONDOR is ₹36814
tata steel rangetata steel price trading in a range
buy side of any 15m candle closes above 911
sell side if price sustain below 895
Tata Steel Ltd AnalysisPE =2.7 ( .1good PE) (+ve)
BV , EPS and EBITDA increasing YoY (+ve)
OPM % decreasing QoQ(- ve)
Dividend Payout % = 43.1 (+ve)
Compare to 10,5 year compounded growth , profit
,ROE increasing in past 12 Month (+ve)
Debt to equity=0.66 (-ve)
TATA STEEL - Intraday Levels for 18 July 2022TATA STEEL levels for Tomorrow..
Trend : Bearish
Sentiment : Negative
Expectation : BEARISH Retracement
It has aligned with BEARISH Sentiment, after a breakout of 894 on the lower side. Bullish trend only above 895.. until its Bearish.. Look for SELL opportunity at Sell reversal level for target of previous day low and then it may bounce back in the 2nd half.
Happy Trading..!!
TATASTEEL - 15th July 2022Tata Steel in Trading Range between 915 - 835.
Break of this Range can a give a sustained breakout move.
TATA STEEL - Intraday Levels for 13 July 2022TATA STEEL Intraday Levels for Tomorrow..
Trend : Breakout
Sentiment : Negative
Expectation : BULLISH BREAKOUT
Expecting Breakout on the higher side, if Previous day Low / High taken out this stock will move further. Possible we can expect Bullish tomorrow if CPR hold good.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
tatasteel 12.07.2022: entry & exit is very important
: try to manage money management
: know your stop loss
: find the chart pattern / analysis the chart before you enter
TATA STEEL -- INTRADAY SETUP- 11/07/2022TATA STEEL -- INTRADAY SETUP -- 11/07/2022
1. As per daily chart , hourly chart look like metal stocks like Vedanta, tata steel, jindal steel and hindalco seen strong short covering,rollover at last few session, stocks are bottom out at extreme oversold level and looking for trend reversal after some profit booking in last season,
2. TATA STEEL look good after given lower channel breakout and now after pullback again retest channel lower support at 15 min chart where 21, 200 HMA shown good support and can shown upmove in next trading session after some profit booking in last session
3. BUY can initiate at intraday at 880-885 level for intraday target 890-895-900 and stop loss can place bellow trendline support at 872
4. intraday support and resistance shown on chart
5.RSI at 41 at daily chart
THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk .!!
HAPPY TRADING !!
buy trade in Tata steel for 1:6 risk rewardbuy trade in Tata steel for 1:6 risk reward... since there was a downfall after which price started to rise again from line....this trade is good in terms of high risk and reward...even if we loose in this trade...we will only loose 6th part of what we will gain ..if we gain from this trade
LONG POSITION CAN BE TAKENwait for the trendline breakout .after break of the line good movement can be seen .Chances of recovery is higher
