Selling PressureLooks Bearish below 118. But if it sustain above 120-121. good up move can been seenShortby SL17133
TATASTEELBreakout and retested from weakly time frame, Previous swing is SL and fib level 1.618 is TargetLongby sudheesh_Sudhi1
TATASTEEL is not looking good to meNSE:TATASTEEL is not looking stronger because of it's week results.Short01:42by gauravcs4u114
Tata steel time to buy now..As per the chart now touch the support line and ready to go upside…time to buy..Longby hpatel76895
Tata Steel: Chart set up and trading viewHistorical levels in Tata Steel tend to provide good Risk:: Reward ratios to enter trade. Levels are mentioned in the chart. View gets invalidated if Tata Steel goes below 112 Take care & sage trading..!!! Disclaimer -The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and can be wrong again in future too - 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 Longby indiamarketoutlookUpdated 2
Tata Steel approaching trendlineTata Steel approaching trendline, as we see it moved up with fierce momentum and coming down and there are very high chances that its gonna move further south, as Nifty is moving down as wellShortby GokulKannan86b2
Tata Steel Good BuyHello fellow traders, Tata Steel recently experienced a breakout from its established trend line a few weeks ago. Currently, it appears to be retracing towards the ascending trendline from above. This retracement could present an attractive buying opportunity for investors. Additionally, on the price chart, Tata Steel has formed a symmetrical pattern. This pattern is characterized by a series of lower highs and higher lows, creating a converging shape. In the context of this symmetrical pattern, it's reasonable to anticipate that after breaking out of this formation, Tata Steel's stock price may potentially ascend by around 63 points. To explain further, a symmetrical pattern suggests a period of indecision in the market, where buyers and sellers are in equilibrium, resulting in a converging price structure. The breakout from this pattern often leads to a significant price movement, which, in this case, is expected to be an upward move of approximately 63 points. This could provide a trading or investment opportunity for those looking to capitalize on the stock's potential upward momentum. NSE:TATASTEEL NSE:NIFTY Safe trader can wait for 115 level to buyLongby Anand_744
TATA STEEL: A COMPLEX CORRECTIONStock has retraced to 78.6% Fibonacci retracement of the first 3 leg on the downside. This suggests that stock is correcting into a complex flat corrective structure which can take the prices towards the level of 95 and 80 zone. On the upside key level is 135 for invalidation of this view.Shortby TradingSutra9
Longs on TATASTEEL Good support and fundamentals. going long for this month expiryLongby optiontools_inUpdated 117
Long position can be build in TATA STEELAfter a pullback the price looks good for continuing the uptrend as multiple things are colliding together.Longby theabdullahshakir10
Swing trading - Tata steelBreakout of descending channel pattern + retest from 50 EMA.Longby warrenwaytrading1
Tata Steel at Confluence Support ZoneTata steel gave a breakout from a promising channel pattern that has been in formation since over 2 years. Now the stock is taking support right at 50 DMA (Long tail candle), at .5 & .618 Fib levels and also at previous resistance zone which will now act as a support. Entries can be made in the same after a strong candle closes above 127 with strong volume. Short term Stop loss should be a a good candle close below 122 and long term SL is 117. Targets can be 150++. Trade can be held for a long term perspective too as Metal sector has given a breakout recently and is in a Stage 2 structure.Longby ST_SNOOPYUpdated 111
Tatasteel swing trade Details are given in chart This is for education purpose only Longby rahulsharmasujan0
Tata steel brewing up the bullishnessTata steel has crossed recently its 21 EMA with decent volume on daily chart. It seems correction is over on this counter testing low around 122, hence, one can consider this scrip adding for the target of 140-145 for short term. keep SL at 122.by Simplecharttraders0
This will rise if Nifty does not fall.Tata Steel will rise if Nifty does not fall. NSE:TATASTEEL . Not sure sort types because of Nifty downward pressure . Better to just accumulate on fall and hope for the best. Always remember no one is expert because market makes all look like fool. So stick to strong SL. Longby FreeStockologyUpdated 101012
Tata Steel - Cup & Handle Pattern - Looking to chase 154Tata Steel is showing a cup and handle pattern. There could be a pull back and then take a ride to 154, as per the technical pattern. Volumes are increasing. RSI is above 60 and MACD is showing green histogram. All parameters are ticket, so we can see a movement upwards. Simple and Clean Chart !!! "Learning & Earning" Cheers!!!!Longby Jass_12345Updated 117
Resistance becomes support Keep it simple. Resistance becomes support Buy above 126 Stoploss 123.50 Target 130Longby Rameshkawde2218
Tata Steel Waiting For Correction near 70-80 AreaTata Still is in weekly correction, and correction could move price to the next zone of 70-80 rupee. Longby PriceActionMonk332
Chart Time frame vs accuracy..To explain this concept I would like to use analogy of weather forecasting. Consider you are living in Mumbai and you are suppose to make following are 3 weather forecast: 1. Will it rain on 2nd August at 1:15PM ? 2. Will it rain in first week of August ? 3. Will it rain in month of August ? Equvivelant in stock time frame is 1. Will price move up by 1% in next 2hrs? (use 5min or 15min chart) 2. Will price move up by 5% in next 3 weeks? (use 1hr or daily chart) 3. Will price move up by 15% in next 6 months? (use weekly Chart) Even if you are using simple logic and charting tool accuracy of Answer to Q3 will be much higher than Q1. When accuracy increases it is less taxing on our mind and we can get reasonable return without much stress. To trade weekly chart we need patience and a reasonable SL. This will also allow us to build position over few weeks as we get clarity of trend. Let us understand with few samples. This is 5min chart. We can see lot of whipsaw. And below is weekly chart. We can see reasonable trends over few weeks. Educationby yndesai5
TATA STEEL RETESTING AFETR BREAKOUTThe stock has given a good breakout and has consolidated after giving a breakout and has retested the resistance of 123 moreover it can rally till 144 levels Longby keshavmaharaj958555
Tata Steel Upward trendingTata steel showing upward trending after Fibonacci retrenchment from 618 level. good to go Long run Upward trending......... by hpatel76896612
#TREND TRADE TATA STEELIt is on the edge of giving a breakout if it manages to sustain above 112 we can see again 123 & 137 levels in the coming week/month. This is just my view please do your own analysis before any trade.Longby kashinath29Updated 1