Tatametaliks given multi year breakout , now stock is on correction mode. If price retest last breakout level then surely we can see a good upside movement from here. Trade setup based on weekly demand zone or last breakout price zone. Entry - 927 Target - 1183 SL - 798 This setup will be a good opportunity for whom missed breakout.
CMP=863, Target 1= 960
BREAKOUT GIVEN ABOVE 947 COULD BUT AT OPENING PRICE ON MONDAY NEXT TARGET 1246
result of tatametali chart analysis
#TATAMETALI TATAMETALI CMP: 1055.70 Target: 1300++ May Hold if longer time frame planned. Stoploss: 897 (on close price basis) Time Frame: Less than 3 months. Factors: Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Higher Highs & Higher Lows. Breakout above RESISTANCE levels Trading at SUPPORT levels Fundamental are strong. High...
#Tata Metaliks, 1050 (WEEKLY) look good for 1200/1320 -Channel breakout happening -huge volume addition -rounding bottom done -metal sector roaring #DISCLOSURE : shared personal view only. Keep suitable sl accordingly.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only.
tatametali chart analysis for intraday and swing trading
Look to buy on dips towards 975 SL below 800 Targets 1300/1600/2000
- Great breakout after a consolidation with Huge volumes - Past Candles showing Buying pressure - A good entry can be 970 with a stoploss of 860 - Great Volumes validating the buying pressure - Breakout after a consolidation
NSE:TATAMETALI Levels are Mentioned in the chart... Look for Swing... Note: 1. Views are personal. 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...
TATA METALIKS CHART.. position since one month from 711 levels.. added at 765 levels or so.. waiting for above 800 DCB.. metals sector currently too strong.. the stock had been underperformer mainly due to to merger news with tata steel long products and TTSTLLP having circuit of 5% while metaliks with circuit of 20%..
BUY above 820 levels with given SL Trendline Resistance was broken, it's on a pullback. Once the direction is confirmed in the lower time frame charts like hourly etc., can go long below 820 also.
Strong support at 700 [
Buy with sl below 660 for target 1100 and 1300. Disc : it's not an investment advice to buy or sell
Note: 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...