TATA STEEL FOR LONGMy view on this script is bullish Ofter strong rally its on consolidation and makes wedge pattern . Strong Breakout with Retest with Volume Longby Sateesh073312
TATASTEEL ASCENDING TRIANGLE BREAKOUTTatasteel breaking ascending triangle with good volume and rsi macd crossover #swingtrading #target178 EDUCATIONAL IDEA Longby NeetikaSri6
Breakout of The Year Tata Steel LimitedHi friends sharing a view on Tata steel where i observed a horizontal trendline breakout of ascending triangle on weekly timeframe and it seems a good opportunity to go long in this stock where Tata steel relentless climbing continues as it achieves a milestone with a weekly breakout to an all time high and bulls rejoice as price defies the expectations of bears and scaling new heights with this significant breakout of 2.5 years old resistance. So now we will talk about technical points which i observed as we can see price is moving in ascending channel since a long time where first took resistance from upper trendline of resistance in 2017 and after taken same resistance from that trendline in the year of 2021 but this time was way higher from previous top and now price breached that top of which it made in 2021 where it got rejected from rising trendline, And in this duration price formed an ascending triangle pattern after the previous all time high and the swing bottom which it made after that all time high. Used Super trend indicator with default settings for more confirmations of this breakout which provided by Trading View and for this thank you very much for them. Target Upside-: So mates we can see that once again price will touch that upper trendline after this breakout which will be near about to 200 to 205 levels, One pattern based target identified too in which i measured triangle height which is nearly about 75% so we can see a more 75% upside from the breakout levels. Support-: So now 138 levels seems a good support area where two big swing rejections are there this time can work as support on weekly closing basis. Breakout Retest-: Well a retest is a good confirmation of breakout and often gives sustainability and strength to breakout so for this idea 148-145 i will consider as a breakout retest zone friends and personally breakout retest entries are my favorite strategy and for this trade i would like to the same. This publication is meant for only learning purpose, it is not any kind of trading advice. Best Regards- Amit (Do boost my publication if you really like it mates) “Most traders take a good system and destroy it by trying to make it into a perfect system.” - Robert Prechter Editors' picksLongby AMIT-RAJANUpdated 4141786
TATA STEEL - BUY TREND - BUT....Tata steel is in buy trend. It breakout the resistance at 167.5. The price didn't retest at this level. So wait for retracement. If trend reversal occurs after retracement we can go for buy. The target will be 210. Stop-loss should be put below 165. Risk reward ratio is 3Longby krishscorp1
Tatasteel Bullish flag pattern breakoutTatasteel has good bulish flag pattern breakout. Above 133-135 closing can give good upside in the future. It should sustain or retest the flag top levels. Longby ashishhcUpdated 1212154
tata steel going to falltata steel at the resistance of 167.60.resistance broken bulls are trapped.now going to fallShortby ajeeshempire23
momentum breakoutstock has gained the momentum would give 15 percent upside momentum in coming days. SL should be below breakout candle or any day candle closing below 10EMALongby hottekumar3
TATA STEELShort at 175. Target 166-67. SL 178 hourly basis Risky trade as results to be declared today. Shortby singhvimukund100
failed breakout in tata steelEnter in opposite direction, whenever Price breaks horizontal level and Retraces in 1_2 Candles.by K6633442j0
Huge loss in Tata steelTook trade in Tata Steel at yellow point, breakout of horizontal line , but it came back. Never take trade Just after breakout, Wait for price to Reach the trendline or take trade in Opposite direction of breakout. by K6633442j0
Huge loss in Tata steelTook trade in Tata Steel at yellow point, breakout of horizontal line , but it came back. Never take trade Just after breakout, Wait for price to Reach the trendline or take trade in Opposite direction of breakout. by K6633442j0
Ready for Breakdown Tatasteel showing some bearishness . Ofternoon breakdown I plan for go short on this script...🏁Shortby Sateesh074
Tata steel LTD Analyasis on 03 mar 24Tata Steel LTD Analyasis on 03 mar 24 Breakout of Rounding bottom formation breakout of all time high after Aug 2021 add 25% now add more quantity after breakout retest @ 140-145 Keep stoploss 130 (on closing basis) target 160 - 170 -180 rounding bottom target 200 Longby StockVaulttUpdated 101058
TATASTEEL The stock moved past its prior all time high of 153. The Monthly RSI has bounced from its bull phase support level of 47-55 zone, Monthly MACD is also positive. If the scrip is to repeat its past price behavior, it becomes a good investment option with target around 335. Bullish outlook remains intact as long as price is above 150. Longby CourtroomInvestments11
Tata Steel - Correction?Tata Steel :- - Monthly RSI showing signs of Divergence - The same could be observed on Weekly RSI as well - On daily the candle formed on 26.04.24 seems to be bearish in nature with high volumes forming a double top around the levels 165/170. The Fib retracement could be seen plotted at 154-150, 0.5/0.618 respectively. A short can be initiated from the levels 165/168 for a target of 6-8% Buy opportunity can be seen at levels 152/154 post confirmation. Shortby M92_S6
Cycle C of Zigzag underwayCycle Degree:Blue Primary impulse:red Primary Corrective:Yellow Monthly chart of Tata Steel is suggesting price raising in zigzag corrective pattern on cycle degree of which we are in wave C shown here in blue.As zigzag being a 5-3-5 pattern wave C is unfolding in an impulsive manner on primary degree shown here in red.This impulse has completed wave 4 recently and wave 5 is underway currently. Ideally wave 3 is found to be extended in an impulse but this being a commodity stock,wave 5 is often found extended.Equality target on cycle degree is coming at 480 level and wave 5 extention target on primary degree is coming at 360,which is still double from current levels. One can go long at cmp of 162.25 as price has recently broken its previous all time high of 153 as is sustaining above that breakout level from last 3 weeks post a pull back.On the downside a stop-loss of wave 4 low should be kept which is coming at 115 odd levels. Disclaimer:This are just my views on the stock,no position should solely be taken on its basis,posting this just for my future reference. Longby UNDERDOG-29Updated 226
Tata steel - Looking goodTatasteel looking good for short to medium - Target 157+ 30% upswide potentialLongby roopeshtharakanUpdated 11
Tata steelBuy abv 125 Target 138, 150. SL 112 Trend line broken, 125 abv only strong movement we can expectLongby Index_LoverUpdated 20
Tata steel towards new highTata Steel has crossed its major resistance and towards of a new high. entry after a small correction Target 154 next target stay updated Note this is only for no educational purpose so all risk is yours I am not responsible for any loss or profit.Longby STOCK_ANALYZERUpdated 115
TATA Steel Bullish long timeframe As per my previous analysis as you can see after taking retrace at 115 level it take a bullish move. Now you can add more position at the range between 156.90-153.55 . As I'm expecting price will come here once . Our Support :147.35Longby KaustavHazra4
TATA Steel Analysis and future trend.Tata steel is looking very strong. It has crossed all time high two days back. And it has rested its level and it looking to go up Apple. I have consider year low and project based on that price.Shortby skumarinsweden3
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall. Trendline Breakout in TATASTEEL BUY TODAY SELL TOMORROW for 5%by Kapil-MittalUpdated 101035
Triangle plus INHS breakoutTata steel has given a good beakout. We can see 150-160 levesl in 6-9 months of timeframe. keep sl 110Longby yogesharora2409Updated 29