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Tata Steel Ltd GDRTata Steel Ltd GDRTata Steel Ltd GDR

Tata Steel Ltd GDR

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TTSTE trade ideas

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.
NSE:TATASTEELEducation
by NaveenGr
6
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)
NSE:TATASTEELLong
by GauravPrasad_GP
Tata Steel Swing (Long)We can expect an uptrend of 20 to 40 points with keeping 0.236 level as support zone or SL. Here are the reason -->Rejection to fall, nifty corrected more than 1.5% below. Tata steel was up 1%. -->After 10.8 % fall from 19th Sep, cycle of correction/fall seems to be halt. -->Retested 0.236 level & made up move. -->If trend line is broken on last 15 min chart an uptrend till 0.5 level of fib is expected (20 to 40 points). (education purpose only, consult your advisor before taking any trades)
NSE:TATASTEELLong
by GauravPrasad_GP