Tata Steel1) Symmetrical triangle pattern formed. 2) Volume is increasing. 3) Cup pattern is forming. 4) It crossed EMA 200 and SMA 50 Indicators. It is only for educational purpose.Longby koushik70
Tata Steel ready for breakoutTata steel is about to break out and meet one of many targets in the near future. First is at 124. All indicators such as EMA, RSI, Volume looking positive. Longby sgour1116
Tata steeel breakoutBuy above high of breakout candle at 114.05 stoploss at 111.35Longby PSYCHOLOGY_BREAKOUT_TRADERUpdated 8
TATA STEELTATA STEEL LOCKING GOOD BUY CMP SL- 104 TG-112/116/120 . . . this is only educational level.by ShreeenathjiiUpdated 4
Channel BreakoutAn ascending channel is used in technical analysis to show an uptrend in a security’s price. It is formed from two positive sloping trend lines drawn above and below a price series depicting resistance and support levels, respectively. Channels are used commonly in technical analysis to confirm trends and identify breakouts and reversals. Script = Tata Steel Time Frame = 1 Day Longby Jainshashwat2
TATASTEEL GIVING BREAKOUT FROM C&HTatasteel breaking out from C&H pattern good volume RSI is hott for education purposeLongby NeetikaSri8810
TATASTEEL is BTST SWING Buy for 6% upmoveTATASTEEL is BTST SWING Buy for 5-7 Days. LTP - 110.4 SL - 109 Target - 117+ Time Frame 5-7 Days Risk Reward - 1:4Longby JITU_210Updated 9
TATASTEEL Good breakout after consolidation! The entire metal sector is looking bullish! Longby shubhamkothari116
tata steelTata steel long as per chart setup. Seems around 6-9 % movement expected in a month. Longby KDMRR1
Tata steel (07 June)Tata steel is trading in a narrow range. Symmetrical triangle chart pattern found in weekly candlesticks chart Low volumes indicates accumulation phase before breakoutLongby ashwinjethwani14091
Tata Steel completing H&S Pattern As discussed in previous analysis , TS had broke above Triangle pattern within right shoulder which makes TS morning bullish. Neck line is at 115, where TS will complete H&S pattern. Let's see if it break above it. Longby Trendz90
TATA STEEL UPDATE As said earlier tata steel is is completing inner triangle within right shoulder, it has touched the upper end of triangle twice at 109.80, the upper end of triangle can be viewed as lower high down trend line. On weekly view we see 109.80 has become become double top. But if seen in daily time frame it had completed and broke above triangle pattern, which is keeping investors comfortable. Since tata steel is slow moving stock it may break weekly triangle pattern by Friday. Being patient will be rewarded.Longby Trendz90
TATA STEELNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... Keep an eye ladies and gentlemen. Cheers and Happy Tradingby SENSITRADE_T3
TATA STEEL LONGTatat Steel on weekly chart had started H & S pattern from Dec 2021. It has completed Left Shoulder and Head and is on way to complete Right Shoulder. During this process 108 has become important Pivotal line and 3 years it is trading is between 155 to 80 range. Near Right Shoulder range has reduced to 122 to 102 (from 50% to 20%). Today it had completed Red Inverted Triangle within Right shoulder Any break above Inverted triangle will take Tata Steel to 115 (which is neckline) where it will complete H & S pattern. Above neckline Resistance could come at 120 where price meets at uptrend support and resistance line. Conclusion. Range could expand from 20% to 50% (102 to 155) Above 108 H & S completion process is verified and so price could reach 115 Rs. which is neckline. Above Neckline resistance could come at 120 as it is price meeting at uptrend support resistance line. If 120 is broken on upside with volume, then 155 should be on browser. This is weekly chart and views are taken from dec 2021 onwards i.e., 3years, targets archivable is also for long term more than 1 year. It requires lot of patients to hold for long term. %0 percent profit can be earned in 2yrs time.by Trendz93312
TATA STEEL LONG Tatat Steel on weekly chart had started H & S pattern from Dec 2021. It has completed Left Shoulder and Head and is on way to complete Right Shoulder. During this process 108 has become important Pivotal line and 3 years it is trading is between 155 to 80 range. Near Right Shoulder range has reduced to 122 to 102 (from 50% to 20%). Today it had completed Red Inverted Triangle within Right shoulder Any break above Inverted triangle will take Tata Steel to 115 (which is neckline) where it will complete H & S pattern. Above neckline Resistance could come at 120 where price meets at uptrend support and resistance line. Conclusion. Range could expand from 20% to 50% (102 to 155) Above 108 H & S completion process is verified and so price could reach 115 Rs. which is neckline. Above Neckline resistance could come at 120 as it is price meeting at uptrend support resistance line. If 120 is broken on upside with volume, then 155 should be on browser. This is weekly chart and views are taken from dec 2021 onwards i.e., 3years, targets archivable is also for long term more than 1 year. It requires lot of patients to hold for long term. %0 percent profit can be earned in 2yrs tine.Longby Trendz94
Tata Steel : Watchout for Double bottomNSE:TATASTEEL has made double bottom and is near the neckline. One can initiate long trade only after closing of breakout candle above the neckline. Keep a waLongby VanshikaUdeshiUpdated 4424
TATASTEEL Watchout!Not a strong breakdown, Volumes are low and the candle pattern is not that strong- it might retrace and give a better move However, it's important to note that stock market investments come with inherent risks, and predicting breakouts or price movements accurately is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and make informed investment decisions. by sumantggowda4
TATA STEEL on Weekly Breakout good for INVESTMENTTATASTELL is about to breakout above 124-130 in coming months post which we can see WAVE 3 on Weekly Charts with impulsive movement & targets above 500+ in coming 2-3 Years LTP - 107 SL - 80 Targets - 500+ Time frame - 2-3 Years Breakout above 155 on monthly timeframe would be ideal time to go for Investment. Happy Investment.Longby JITU_2106
Tata Steel, BearishTata Steel looks bearish with present levels near its major support of 1075, and have bounced to 1300 level in the past. But, if this support is breached, may see lower level upto 930-920. Shortby aquarianupUpdated 2
VIEW ON TATA STEELGood chart Above its 100 day SMA Target 113/115 Stop loss 109 I m just representing my views. For educational purpose only.Longby dakshb38390