Tata Steel Weekly Breakout Tata steel has given a weekly breakout of around 5 week consolidation.
This can be a good short term trade if played out well can give a good targets.
TTSTE trade ideas
Going to 120TATA steel
Consolidation bear flag could reach 120
Afterwhich it could decide the trend direction
3 Amazing swing trades and Index Intraday analysis for 4 NovI daily make educational content videos on financial markets
Tata Steel Consolidating in Symmetrical Triangle , Keep WatchTata Steel Consolidating in Symmetrical Triangle , Keep Watch NSE:TATASTEEL
VERDICT Tata Steel
Consolidating in Symmetrical Triangle
Will Give Big Move Around Within 15 Days
Keep Watch
Only For Study Purpose
TSI Divergence In TATASTEELShort-term divergence in 15 min chart of TATASTEEL, price is making lower highs while TSI is rising. Sign of an upmove?
TATA STEEL_BEARISHTata Steel ltd seems falling wedge pattern. Its bearish pattern. If price does not sustain above 106, it will move downward.
Cautious in short term with Tata steel may fall to 75 in a yearBuy Tata Steel near 75 it may fall from current price due to inflation and fluctuation in steel prices in coming months
Personal view!
Tata SteelTata Steel- Round Bottom formed. Its neat BO. mostly like BO. Waiting for Green Candle to confirm the same. If it goes up then target will be 130+ as per the area marked in as Target.
Disc- Only for learning purpose and not trading recommendation
Long - Tata Steel On weekly chart price consolidation happened one month now price breakout happen looking good for TGT 125 SL 95
TATA STEEL LONG FOR (1:6 R:R)tata steel good for long at current price of 100.25
stop and target mention on chart.
more than 1:6 RR trade
lets see, whats market plans now, i m going to buy this tomorrow on deewali.
HAPPY DEEPAWALI.
#TATASTEEL #TISCO Tata steel, forming box and breakout pattern, similar breakout now looking for uptred.
Trend Analysis on TATA STEELTata Steel is forming a pole and flag pattern in 4 hours tf and expects an uptrend breakout in the coming month. I'm hoping for a price around 94-96 as a good entry point for short-term trading. Because of the previous major rejection, a reversal from the 108-110 level is expected on the above chart.
Tata Steel - Took Support at Descending Broadening wedge1. Took Support at Descending Broadening wedge & Previous consolidation low
2. Buy above 1185 on weekly close
3. Stop lose below 1090 on weekly close
Upcoming Trend direction & Trade set up I have made efforts in placing chart in such a way that, it reflects the down move in 1st instance and then it will rebound for Intermediate Trend Target
Good luck
pennant pattern breakout buy=103.60
target=113.25
stoploss=95.75
early breakout entry for pennant pattern.
head and soulder pattern breakout in small time frame (1 hour)
TATA Steel Can Shoot Up After Retest [Range Breakout]
TATA Steel Can Shoot Up After Retest. Investors need more confirmation before entry. Always check for retest.
Falg Pattern in tata steelThere is a flag pattern in tata steel 1 hour time frame wait for breakout and trade accordingly
Tata Steel: Trading below 200 day EMATata Steel
- stock is trading below 200 day EMA
- trading near 20 day EMA
-gap resistance at 109-114
Given the set up one may consider to sell 27 Oct 2022 expiry 120 Call option currently around 2.3
Profit potential 9-10%.
Be cautious if Tata Steel goes above 110. Exit if closing is above 114 in Spot.
Take care and safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Tata Steel - Short, Negative Crossover on weekly chartTata Steel first gave a weekly breakdown and then again established a weekly close below 100 after retest of breakdown level.
It is in a downtrend which will get negated if stock price establish a weekly close above 106 and then above 115 to start the fresh uptrend.
Until then, it is in downtrend and may slide till 82 and 75.
TATA STEEL - REVERSE FLAG FORMATION ?NSE:TATASTEEL
Chart itself explanatory, reverse flag formation consolidating in the range. Can able to see shorting opportunity..
Sell with stoploss - 113
Target - 105, 102, 99
