Trend line breakout !!!The stock gives trend line breakout after 6 month of consolidation.
buy above 1240rs, Looking for good up move.
This is only for educational purpose, Do your own analyze before trade !!!
HWHG trade ideas
Tata Steel - Long (Edu Purpose)Waiting for channel breakout, stop loss 1148.00,last 5 days delivery increment,delivery % also increment.
Tatasteel trap for us🕸️🕸️🕸️🕸️Tatasteel in support level ...bt current trend is downtrend so we have buy only above 1430 or wait for level 716....
Huge fall expect . Break the support level look like H&S pattern
TATA STEEL : BREAKOUT SOON CANDIDATEExpecting good Upmove
TGT - 1300 & 1350-+
SL -1150
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓 :
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
#Tatasteel Long (08 Feb)#Tatasteel Long (08 Feb)
RSI- 61
Took support at Triple bottom chart pattern
Now crossed all moving averages
Buy at CMP- 1218
SL- 1165
Target- 1360, 1415
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
#NSE #NIFTY #stockstowatch
TATASTEEL READY FOR ATH?TATASTEEL can give good upside move above 1229 zone R:R the setup can be used for positional trade.
SL and Targets mentioned in the chart.
tata steel resistance breakout (double bottom)tata steel is giving breakout after consolidation if sustains today above 1215 on closing basis can give targets of rs100/- plus in short term..!!
Disclaimer: I am not SEBI registered and all the analysis is purely for educational purposes. Not a buy or sell recommendation. consult your financial adviser before entering any trade.
Tata Steel , Near Long Side Resistance Trendline Break Breakout Tata Steel , Near Long Side Resistance Trendline Break Breakout . MACD and RSI Positive . Look To Buy if Crosses and Holds Above 1208
BREAKOUT STOCK SUPPORT BOUNCEStock is Good and Taking support on lower level.
Expected Good buying in this level.
Risk Rewards ratio is Good as well.
tata steel triangular pattern break outthere are two condition -
1.
Price may take resistance from counter trend line & fall up to horizontal zone down there.
price rise again & touch counter trendline & give break out. so there are two entries, one is at horizontal support & second is trend line breakout
2.
price rise and touch the upper horizontal resistance zone & fall up to trend line & again rise upward , when price taking breakout from red zone take a entry .
target you may consider according to you.
thank you
Disclaimer - I am not a call provider. I share charts & analysis for learning for you guys so that you can become an independent trader.
TATASTEEL RANGE BOTata steel has bounced back from support level of 1101 maintained since may 2021 and moving towards hurdle of 1246 and darvax box bo good for swing supported by good results can move abv 1300
TATA STEEL RANGE BOTatasteel reversed back from support level of may 2021 moving above 1246 will open area for more action as metal sector is strong and good results good for swing sln1101
Possibility of uptrendIf it crosses 1265 with good volume ,it may reach 1450 in short .Considering good momentum in steel futures and demand it may happen in 3 months frame.
TATASTEEL ready to jump?( Opportunity for a good 25% profit)If the daily candle closes above our trendline tomorrow, then we can go long @ 1190.
In the short term, we could have our TP @1230, keeping 1135 as SL.
But in have holding power for medium term, keep SL at 1115 and TP at 1470.
Risk is to Reward ratio is 4.8
Tata steel looks ready to shine again!Nifty Metal is trying to break its range. Tata steel is also ready for a good breakout. check the charts for further details.
Tata Steel AnalysisHallo Traders, Good morning to everyone .. we are from Target Achiever Team today we are going to show you our Banknifty spot/Future and stock cash Multi time frame DIRECTIONAL ANALYSIS. If you love or satisfied our prediction and want get updated at right time so follow us..
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Swing trade in #TATASTEEL TATASTEEL potentially looks good to go back into bull run ,1065 zone is acting as strong support .
1. As 1065 is an acting support we can see that there's transition comming into picture( bull's are making their entry)
2.On 27th a bottoming tail candle with volume spike was seen ( in 1hr) which means seller's are less and bull's taking control + it was at its strong support zone which was tested 4 times before and didn't broke it.
3.Higher highs and higher lows are to be seen, confirms the trend reversal ,also for extra conformation(price level crosses above the 200ema + price is moving above 20sma)
4.Correction can be seen, either in time(consolidation) or in price (pullback).
5. Will take position at HL(pullback) 50% retracement zone as well as prior resistance as an acting support or Breakout of consolidation only if we see bullish sign candles.
6. Target will be between 1234~1245 (for swing).
7.On daily Tf Tatasteel forming #descendingtriangle pattern, can also add up share if breaks the resistance.
8.Do not forget to place your SL.
HAPPY TRADING!!!& I WISH IT WOULD BE HEPLFUL ,PROFITABLE AND KNOWLEDGEABLE TRADE ANALYSIS FOR YOU GUYZ
