HWHG trade ideas
TATA steel 7 wave Correction.Educational purpose only: TATA steel makin new expanding Barrier Triangle combination@ wave (X) .
It was notified the market trend is continuous coming days.. That was wave (z) will be arriving (1000 or 930) levels.
7 wave price move very confident trade setup for long term holdings . Why I am saying this... If WXYXXZ correction was end by the market.. Next we take long term position without fear of anything....
Ex: nifty already formed same correction 7 wave price move @wave A after that corrections nift rally to wave B of higher degree.
But Herein similar degree
TATA steel similar degree of wave 4 correction it will be end within a days after rally to wave 5 formation
TATASTEELIf you want (price action) of any charts then drop the stock keyword in the comment section.
For more charts patterns follow me.
Thank you.
Note: Don't trade without stoploss because risk management is the main key in trading.
Disclaimer: I'm not responsible for any loss that you have made from this post. Do your own research then invest.
Tatasteel Potential Triple Bottom Formation Technically on the daily charts we see major support on the downside @ 1060 levels, whereas minor resistance on the upside is capped around 1210/1225 levels
If breaches minor resistance on the upside and closes above it, we may see fresh breakout and TATA STEEL can Lead towards higher levels around 1375/1429 and 1479 levels in Short Term.
Next major resistance @ trend line @ 1210/1225 level to watch.
Above views For Educational Purpose Only.
Regards,
MD
TATASTEEL - Trend & Levels for 14 Feb 2022TATA STEEL Trade Plan and Levels for Tomorrow..
Trade easily with BUY / SELL Signals...
We can expect TATA Steel to Open Gap up tomorrow. As per technical its BULLISH Trend and the Sentiment also POSITIVE.
CPR will be key Support to go Long.
You can refer the chart for Resistance and Support levels.
Happy Trading!!! :-)
Disclaimer : The idea is purely for Knowledge sharing purpose. Do your own analysis and consult your finance advisor before taking any trade. I'm not responsible for any of your profit / losses.
Please do like and support for more Ideas! Comment if you need any specific stock/index analysis
Tata steelAlmost all metal stock are in good uptrend after long consolidation... Market leaders are the stocks need to keep on radar for long-term investment... Tata steel CMP: 1254 sl: 1000( small to mid term) 820(wcb) for long term. Target: 1550/1700/1850/2350..since this stock are FNO stocks they will not move in rapid speed but they will keep growing and make your portfolio strong and intact
Note: educational post