TATASTEELAfter taking support at 320 started moving up. Now at Span-A of Ichimoku Cloud. RSI showing bullish divergence.
HWHG trade ideas
TATASTEELAnother rejection near 200ema
Once it is cleared, stock will move to higher levels 380, 400
TATA steel CASE STUDYTata steel spot cmp 1220
multiple harmonic pattern matures around current levels with confluence prz zone..
bullish divergence on rsi
time to take a review for this counter
Keep learning,,
TATA STEEL TARGET UPDATE 17-11-2021Look fresh in range 1100-1225 for upside 1470/1800 med to long term...!!!
SHORT - TATA STEELExcellent Shorting opportunity in NSE:TATASTEEL ,
as metal sector looks weak for next few weeks, it will be safe initiate a short trade in TATA STEEL.
ENTRY : Below 1220
SL : 1270
TARGET : 1180/1130/1100
NOTE :This post is just for educational purpose. Do consult with your financial advisor before taking any trade.
Thank you.
Tata Steel Long can be initiated at CMP with SL of 1184. Weekly support is there and probability of bounce from here is more
Tata Steel - A bearish setup (Sell on Rise)Tata Steel
1. Trading below 100EMA
2. HNS Broken
3. Closed below 1,231 (last credible support)
4. Trading within Pitchford and may extend move towards lower 1st Deviation
5. Has potential to move towards 200EMA and ABCD Tgt confluence at around 1,125 and beyond
TATA Steel PositionalThe stock has a short build up and 6.23% open interest change. 77% of the contract is newly formed. In this case, the stock price is likely to fall significantly.
You can trade by looking at the levels marked on the chart. Happy trading
TATA STEEL at Good Support Good opportunity can be capturedGood Support: 1250-1235
if not sustained new support will be @1280 and @1180
Analysis before any decision because it is you at the end to see the consequences.
TATA STEEL _ Retest Retested twice at the previous breakout level.
Entry : 1240 -1260 (Wait for Bullish Candle)
Target : ATH - 1530
TatasteelTatasteel
Tatasteel near multiple support breaking below will lead to fall till 1130 which is 200dma
tata steel future predictions. Expecting a mild reversal from 150 ema on 16th november 2021. followed by resistance at trendline. followed by a breakdown --> support ---> consolidation > breakout from trendline.
if stock does not reverse from 150 ema then support levels are given.
Tata steel is at Important LevelTata steel if the break 1245 we can be expected level 1200,1135,1070.
TATA STEEL Channel BreakTataSeel has broken the regression channel but still, we have the resistance at 1270 and 1286. On day it on downtrend probably we need to look out for the R .
#TataSteel #Channel #Secondaytrend
Tata Steel good breakout swing trade The price making a inclined traingle just wait for an upward breakout of price. I will not recommend u to go short
Once the price close above the resistance level see for MACD bullish crossover and RSI level must near oversold
Area
If u want to go safe then wait for price to take pullback or retest after breakout
You can make u profit moving with help of Moving averages
BEST OF LUCK
Tata Steel Positional Short Trade SetupTata Steel Sell Positional ~ 1290, 1295, With Stop ~ 1330, Target ~ 1200, 1150
Time Frame ~ November Expiry
Tata Steel - Did you buy the 'Good News' ?
TataSteel -
NEWS - Results on 11 Nov, highest ever quarterly profit.
Expectation - Strong buying and big trending move.
What actually happened ? - Fall from 1340 to 1271, down 1.3 %.
As usual news channels hype the results, so called 'analysts', big players declare it the best thing ever.
Those unaware of the game buy this fake hype, they buy at open.... and who is selling at the other end ? YES.. many of your favorite analysts, big players who were telling you to buy just a day earlier.
Harsh reality of markets-
1. News channels actually know nothing.
2. Big players are not here to do any favor to you, they have become big from money of people like you and me.
Sooner we realize this sooner we will be on the right path.
Tata Steel Short Trade Setup PositionallyTata Steel Positionally ~ 1285, 1295 With Stop ~ 1330, Target ~ 1200, 1150
Tata Steel Intra/swing (Long)Tata steel has been consolidating within range from last 7 days. With quarterly result on 11th Nov one can anticipate an up move .Analysis below
1)On 15 min time frame forming Cup & Handle pattern
2)On Day/Daily time frame the stock has not broken lower lows & has been in uptrend.
3)Previously after result the stock has rallied, if result are good then we can expect
similar behavior
(Education Purpose, Consult your advisor before taking trades)
Tata Steel Triangle PatternTata Steel is making Triangle Pattern. If it gives breakout then we can go long on TATASTEEL.
Target :-) 1420 - 1480 - 1530
TATA Steel - wait for trend line breakTata Steel result will be announced today, we can expect a good move on either sides. Add this is in your watchlist. Take positions after the trend line break.
TATA STEEL LOOKS GOOD TO SHORT!!Here, as per pattern it looks like we are heading towards another minor correction.
Longs are only triggered after the break of 1428 & 1477 levels. Till then it is good to find shorting opportunity..
