As you can see TATASTEEL has been trading between Support (green line)@ 1235 and Resistance (Red line) @ 1163 Reasons to go long: 1. Bounce off support 2. Broken downward sloping trendline with a bullish candle 3. RSI on 4 hr is oversold Stop- 1 ATR below green line (support) Target- Red line (resistance) Beware of volatility going into Budget. Happy trading
NSE:TATASTEEL January 27, 2022 NSE:TATASTEEL by Dinesh Naidu (Elliotician) Hello Traders, In this technical analysis blog im going to take a quick look at the Elliot Wave Charts of TATASTEEL Cash NSE. TATASTEEL Pulling Back in Wave (c), Looking for more downside Short Term Elliot wave view in (TISCO) suggests rally to 1245, ended wave c of (iv) on January 17,...
NSE:TATASTEEL if forms any W or bullish pattern then go long or short Note: I'm not Sebi registered guy, it's for education purpose only. Please contact your advisor before taking a trade.
Classical and beautiful example of head and shoulder Target 770 Stoploss 1225
Once Neckline is broken, H & S bookish target is the vertical distance from head top to the neckline & projected below. Thanks
technical pattern h&s 42% fall is to be prediccte in 2 or 3 months timeframe
Long on Tata Steel. Reason for trade: 1. 200dma ( Good location) 2. Comtinous HL structure and first time HH structure formation. 3. Good breakout volume. Note: Trade only for education. Don't take it due to my view, I am not a SEBI registered analyst or service provider.
Tata steel is currently on a strong support, a buy position can be initiated will 8-10% target for swing trade given a green candle with good volumes is spotted on the support zone.
1160 is last hope in this stock and after candle closes below upper red line in 4 hour timeframe it will crash till 780 good luck invest at your own risk
Hallo Traders, Good morning to everyone .. we are from Target Achiever Team today we are going to show you our Banknifty spot/Future Multi time frame DIRECTIONAL ANALYSIS. If you love or satisfied our prediction and want get updated at right time so follow us..
supporting Fibonacci Ret @ 50% after huge profit booking on last trading day. On Monday will again break resistance. Follow chart detail for study purpose only.
This Chart is only for Educational purpose. Pls dont consider for investment or trades. Values are present in chart. PRZ: potential reversal zone, where prices can reverse and move in opposite direction.
A broadening structure with possible targets heading into 3 digits. Below 1100 we may see the pain deepen !! Trend reverses only abv 1350
As we can see is has broken its huge resistance and 50 EMA with power and volume is also good. One can go long above 1200 with stoploss below swing low for a good rish rewark ratio. Note- I am not a financial advisor take entry on your own risk... If you like my analysis do give a like..
TATA STEEL SELL for day trading if stock and METAL sector weak then we will enter in trade......
Stock trade around good support level. PE very low and EPS very high. It's time for PE rerating. Stock can go high if it's maintain EPS.
TATA steel Above 1180 Target 1245,1265,1293 Stop loss 1157 below closing day chart then closing position
Tata Steel has breakout triangle pattern and restested and ready to give upside rally