Any with volume it breaks that trendline then we can good price action in tata steel. Target open
Tata Steel Going good , quite up down recently but holding quite well
Tata Steel Ltd. SECTOR: Steel & Iron Products TATA STEEL IS READY FOR ALL TIME HIGH AND CHART PATTERN BREAKOUT
Reverse head and shoulder 1st target 162 Second is around 224 Note: Only for educational purpose
Target of 162 On daily chart, there is pattern formation for cup and handle plus flag pattern which is showing the same target price
RSI near 70 Trading above EMA 40 Watch for upside gains
If breakout 143 level or channel breaks then the good movement for the upside of this stock
As we can see a weekly chart of the stock named Tata Steel which is going to make a new high in coming week, all technical indicators are on positive side, so Metal Sector will make new high, one can look for TATA STEEL in cash for a target of 180 and 200 in coming week.
Tata steel ltd. looks set for an up-move as it emerges out of multiple bases. Close above 140 would create a positive momentum. Strict stop loss at 5-8% in case the trade doesn't go as plan. PS: Not a buy/sell recommendation.
Currently at 143 level which in my view is acting like a resistance on Fibonacci level. If the stock price is able to cross this level, which in my view it should, then 143+ is a good entry point for a short-medium term trade. Fundamentally this is a great stock as well, so no harm in holding for long term. 170 also possible in long term. Target: 154 SL: 134
Looks good to go long in short-term time frame. Trade as per the set up after your own analysis. Stick to risk management rules.
As we all know metals and some minerals stocks work in cycles, as per chart and price actions all metal stocks are ready to fire up again, and from all those Tata Steel is a good name to bet on. current price is 142. we can add up to 136 with SL of 128. this can reach 180-200 in the next 6-8 months.
TATA STEEL KEY RESISTANCE LEVELS (136/138). The stock has been facing resistance at 136/138 levels multiple times. We saw a breakout candle on 2nd Feb. Follow-up buying will lead the stock further higher. Stock price if sustains above these levels Expected move upto 160 , 180 .
tata steel comple market lables for this week TATA STEEL LABLES
tata steel round bottom narrow range expecting good buy
Reason for long a) Pole and flag b) weekly breakout c) Monthly breakout d) super vwap support e) Channel support g) SL compulsory
Rsi/cci hidden bullish continuation divergence clearly visible on daily chart. Good result of the company out today.
Tata steel consolidating. wait for trendline breakout. Target willbe 150.