TATASTEEL trade ideas
Tata Steel for Short term analysisTata Steel is forming base formation after consolidation
Keep in your watchlist.
Tata Steel ready for the uptrend!🤩💸🔥Buy Tata Steel for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
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💡Key triggers for future price-performance:
India’s share in Tata Steel’s overall consolidated production capacity has risen from 29% in 2010 to 57% in 2020 and is likely to reach 73% by 2030. For FY22E, Tata Steel is targeting over US$2 billion gross debt reduction wherein it will prioritise offshore debt repayment.
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Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too.
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The stock had given a 13-years long Volume Breakout in April 2021 and then after it has been in a retracement phase from August 2021 with decreasing volumes. Now with the formation of a Double Bottom in a Weekly timeframe stock is poised for a strong rally will begin from current levels.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
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LIKE, COMMENT & SHARE 😄😄😄
Tatasteel breakoutHello traders, hope you are doing good and enjoying gains in nmdc & tatapower.
Now this time tatasteel has given a long awaited breakout from is channel pattern, I posted trading idea of tatasteel before, here on tradingview when it made a double bottom and said that this could be the time it we will get a breakout and asked you guys to make your positions accordingly.
The channel pattern seems to have been broken by strong candles so it definitely looks good for the upper marked targets.
RSI is above 50
MACD above the signal line.
Buy above - 1216
Targets mentioned in the chart above
TATA STEEL ON bullish breakout modeTata Steel has breakout and Expect Next Swing Towards 1280 and further 1420
TATA STEEL FOR LONG BUYToday 13.01.2022 Tata Steel has given a conformation breakout for upside . We can again go for long position in this .
Tata Steel BullishTata steel seems buy at dip for long term
as well as short covering breakout in weekly with double bottom confirmation
concentrate for short term, swing etc if price sustain above 1224
Tata Steel - Beginning of new uptrend Key highlights:
1. Bounced off the weekly demand zone
2. Forming a Bullish market structure
3. Support from 200 MA
4. Good volume expansion
5. Testing the trendline for the 4th time. It may give a breakout this time.
6. Flip level @1246. Expect a good move if it closes above 1246.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
NSE Certified Technical & Fundamental Analyst
TATA STEEL: Bullish ReversalStock has violated the triangle scenario & broken the previous swing high. one should go long with SL of 1180 & look for the target of 1280/1320-50 zone
TATA Steel 1300 Immediate Target# 100% retracement level of Blue marked cycle
# Confluence with 38% retracement of Wave ((3)) Black
Good Buying and support zone
Expected Now to give at least a bounce to 50% retracement of immediate cycle ((c)) black upto 1250-1300 level
#TATASTEEL DEEP CRAB PATTERNcmp1203, Target 1278 ( reversal zone ), good to buy at cmp , stop loss 1152
TATA STEEL: Bearish TriangleStock is forming a bearish triangle. One can go short near 1140-45 keeping SL of 1185. for tgt of 1100/1065/1050-45
TATA Steel Positional Analysis - Daily Chart CMP 1194 buy forTATA Steel Positional Analysis - Daily Chart
CMP 1194
buy for target 1250-1267-1320-1360-1400-1480-1550+
time duration 4-6 months
SL below 1100
TATA STEEL is about to breakoutkeep an eye on tata steel on daily time frame
if it breaks you can take trade in FUT
Minimum target 1272 ,1338
Insta handle @queenofstockmarket
Tata steel 15min candle stick patternin tata steel dowtrend shows us down move toward 1032 levels it may be pull back from this point check th chart for the targets and its move . lastly do your own studies first to enter in any trade this is free
Sell below 1127 TGT 1112 and 1102 SL 1140Suggestions are based on my analysis only. Please do your analysis before taking any trade.
TATA STEEL Longinstrument : Tata Steel
Timeframe : 15 Min
Pattern : Inverse Head and Shoulder
Intraday Trade
Tata Steel Swing (Long)Tata steel forming an inverted head & shoulder pattern, if the base line of the pattern is broke we can expect 1 to 2 % up move.
Higher low is not taken out, so trend is on upside. Potential retest pending of recent high.
Double Bottom BREAKOUT?
Breakout above 1200
Near 200ema daily support
1050 strong support zone
0.382 retraced from impulse wave
