HWHG trade ideas
TATA STEEL is a very good bet for the coming weeksTrade TYPE: SWING
Duration : 2-3 months
Entry: CMP
S.L. Below the RED line
Targets : 1500/2000++
Note: This is not a BUY recommendation and I am not responsible for any of your PROFITS/LOSSES
This stock has run up a little so might pullback or consolidate for a while before going UP again...
Hope this post helped you to take better decision
HAPPY TRADING :)
TATA STEEL on an approach for breakout.......NSE:TATASTEEL is on an approach for breakout if any strong candle forms at the breakout of trendline will leads to bullish movement upto 1335. currently wait for breakout adn maintain a strict stop loss at 1144.
This is just my analysis
Do like if its worthy......
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