HWHG trade ideas
TataSteel 1HJust placed my idea in Position drawing.
Red Zone: Resistance or Breakout Zone
Grey Zone: Repeated Hurdles (Support/Resistance)
Green Zone: Support or Breakdown Zone
Note: BUY above Red Zone
BUY at Green Zone.
SELL at Red Zone or Trail at Grey Zone
Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage.
Also you can ask for my views on any chart.
TATA Steel - Short term Bullish Trend AnalysisTATA Steel - Short-term Bullish Trend Analysis
1. Missed yesterday's breakout.
2. Today it's up more than 7%...
3. Look like the cup with handle pattern formation.
4. target will be 130 for now...
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
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.