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TATA STEEL LTD forum

Oct 25

good support zone around 143

Sep 28

#TATASTEEL
Current Price: The current price is 166.55, showing a recent uptrend. Support Levels:
Around 145-150: This area served as a key support level in recent months. Around *160: Prior support and resistance levels clustered around this zone. Resistance Levels:
*170: The stock faced resistance here before declining in previous rallies. *175-180: A major resistance zone, based on previous peaks (March, June). Buy Entry: Consider entering between 160-165 if there is a pullback to this level. This zone aligns with prior support, and buying on dips is safer if the uptrend holds.
Sell (Profit-Taking): First Target: 170-175: The stock may face resistance around this level. It is ideal for taking partial profits.
Second Target: *180: If the stock breaks the *175 resistance, *180 could be a solid second target.
Stop-Loss: Place a stop-loss around €150-155, below the recent low, to protect against downside risks.
Hold Decision: If the stock maintains above €170 with increasing volume, it might be worth holding for a further breakout beyond 180 for extended gains.

Sep 20

For Tata Steel (TATASTEEL), the key support and resistance levels are as follows:

Support Levels: ₹119.25, ₹119.011
Resistance Levels: ₹120.9, ₹121.521
These levels can help you identify potential entry and exit points for your trades.

Short-term traders can look for sell opportunities around the immediate support level of ₹ [Support Level 1] or the support level of ₹ [Support Level 2].
Medium-term traders can consider long positions around the resistance level of ₹ [Resistance Level 1] or the resistance level of ₹ [Resistance Level 2].
Long-term traders can look for buying opportunities around the support level of ₹ [Support Level 3] or the support level of ₹ [Support Level 4].