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...
Hello 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...
Tata 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
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...
Stock 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
# 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
in 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
