TATASTEEL trade ideas
Tata Steel Looking BullishAs per my analysis, Tata Steel is looking bullish on hourly chart.
The major support is @ 1069
On hourly chart it is also showing Bullish divergence.
Once can keep this stock on watchlist with a target of @ 1238
PS - This is for educational purpose only. Trade at your own risk. Happy Trading!
#TataSteel
#Tatasteel cash : Strong support 1050-1090#Tatasteel cash
16-May 2022
Strong support at 1050-1090
cmp 1123
BULLISHRecently made
1)Tripple bottom
2)Near support
3)W pattern in formation
near support 1000-950
Disclaimer-
Charts are posted only for Educational Learning and for Technical Experience.
This Channel does not provide directly and indirectly any buy/sell/hold recommendation.
Consult your Investment advisor to take any trade
I am not a SEBI Registered Research Analyst or Investment Adviser.
Tata steel target 600?Its already late to short but Tata steel pattern is inverse C&H
Breaking handle will take it to 600 sub levels.
TATASTEEL - RISING WEDGE - BEARISH - SHORTFor Educational Purpose..
Short Bellow - 1340
SL - 1385
Target - 1300, 1270, 1240
Thank you.
Tata steel Long @ Rs 1300NSE:TATASTEEL
Tata steel Long @ Rs 1300
Entry Rs 1300 to 1320
Target 1445
SL 1210
Time: 3 weeks
CMP 1295
Qty: 100 Shares
Tata Steel has formed two demand zone in last few days . Overall stock is sideways since last few months , recently in news. Looks that now can break the last supply zone and can also move to a new All time high. Buy in cash and hold for 3 weeks.
Disclaimer: This is an trading idea not an trading or Investment advice. this is for the purpose of education only consuly your financial advisor before taking any decision. author may enter in trade, take your own decision
TATASTEELAS MENTIONED IN THE CHART
EDUCATIONAL PURPOSE
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TATASTEEL BONSE:TATASTEEL
#NSE:TATASTEEL bounced from support and reached resistance level, BO sustainability may give good up side momentum.
Levels marked on chart for practice.
Happy LEarning
TATA STEEL: POSITIVE TRENDNSE:TATASTEEL shows strong buy indicated by PSAR, MACD & Fisher crossover.
Target 2: 1342.35
Target 1: 1320.35
Stop Loss: 1263.20
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Probability of going down is morePrimary trend is bearish...(by daily timeframe)
1 hr candle given breakdown ...entry must be 1265.50
target - 1st - 1220
2nd target - 1148
SL
1292 for small risk
for risk takers
1 hr candle closing above yellow trendline would be exit.
NEVER TRADE WITH CONVICTION....TRADE ALWAYS WITH PROBABILITY.
Just for knowledge.. consult your financial advisor before investing.
TATASTEEL FOR SHORTINGTATASTEEL was make shooting star candle in day tf, and in 15min tf double top pattern create...
TATASTEEL may cone down further.it appears recent bounce from February low to high in April was corrective
in nature. and it ended in the area of 4 th wave of A wave and with an ending Diogonal
which seems to be c wave of wave B. B wave forming expanding triangle in the initial stage.
Tata steel may go down further and below A wave.
The above study will be invalidated once it crosses above April high which does not seems to be.
Let us see and watch.
This is not a trading recommendation but I have decided to go short in Tata steel.
Please go through my recent post of nifty and bank nifty.
TATASTEEL LongLets wait and see if NSE:TATASTEEL can give an inverted Head and Shoulders Pattern breakout with rising RSI, price staying above 200 DMA and Bullish MACD crossover and line crosses above the zero line.
Buy when Day close Above with Volume: 1275
SL: 1150
Target: 1400
Disclaimer: For learning purpose only. I am not a SEBI registered analyst and not responsible for your profit or loss. Please consult your financial advisor before trading.
TATASTEEL ShortCould possibly move down , levels plotted on chart
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
h&s pattern in tata steelIn this chart , it looks like a head and shoulder pattern formed on daily time frame.
So there is chances this stock will fall.
This is just an educational purpose.
#Tatasteel cash : Good sell around 1285-1290#Tatasteel cash -Positional call
24-April 2022
Looks good sell around 1285-1290
Stoploss 1305
Target 1240/1210
Cmp 1277.55
Tata Steel Ascending Triangle (Long)Price has been trading in the range forming an ascending triangle . The price has been squeezed & there is also a gap between two ranges . Short Term Long .
Tata Steel Breaking Out !!📈 Tata Steel 📉
Tata Steel is breaking out of trend line after testing multiple supports at lower levels. Possible targets of 1410 & 1500 will be possible.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
TATA STEEL 1HR Currently visible bearish head and shoulder on tata steel so if tomorrow price will open gap down or flat then short selling opportunity
Possible Reversal From SupportCurrently it is at the support level and trying to take reversal from there.
Buy between 1300-1310
Target - 1360
Target price is less. But, it should reach that price quickly.
