Tata Steel :- - Monthly RSI showing signs of Divergence - The same could be observed on Weekly RSI as well - On daily the candle formed on 26.04.24 seems to be bearish in nature with high volumes forming a double top around the levels 165/170. The Fib retracement could be seen plotted at 154-150, 0.5/0.618 respectively. A short can be initiated from the levels...
Cycle Degree:Blue Primary impulse:red Primary Corrective:Yellow Monthly chart of Tata Steel is suggesting price raising in zigzag corrective pattern on cycle degree of which we are in wave C shown here in blue.As zigzag being a 5-3-5 pattern wave C is unfolding in an impulsive manner on primary degree shown here in red.This impulse has completed wave 4 recently...
The stock moved past its prior all time high of 153. The Monthly RSI has bounced from its bull phase support level of 47-55 zone, Monthly MACD is also positive. If the scrip is to repeat its past price behavior, it becomes a good investment option with target around 335. Bullish outlook remains intact as long as price is above 150.
Tatasteel looking good for short to medium - Target 157+ 30% upswide potential
As the Momentum indicator suggest that momentum is capped now. And it has a book value of 82/- which is like 50% less than the current price. Usually steel shares trade near book value. The fundamentals are opposite to the movement of stock currently. Wait for the q4 results for any decision
Buy abv 125 Target 138, 150. SL 112 Trend line broken, 125 abv only strong movement we can expect
Tata Steel LTD Analyasis on 03 mar 24 Breakout of Rounding bottom formation breakout of all time high after Aug 2021 add 25% now add more quantity after breakout retest @ 140-145 Keep stoploss 130 (on closing basis) target 160 - 170 -180 rounding bottom target 200
Hi friends sharing a view on Tata steel where i observed a horizontal trendline breakout of ascending triangle on weekly timeframe and it seems a good opportunity to go long in this stock where Tata steel relentless climbing continues as it achieves a milestone with a weekly breakout to an all time high and bulls rejoice as price defies the expectations of bears...
Tata Steel has crossed its major resistance and towards of a new high. entry after a small correction Target 154 next target stay updated Note this is only for no educational purpose so all risk is yours I am not responsible for any loss or profit.
As per my previous analysis as you can see after taking retrace at 115 level it take a bullish move. Now you can add more position at the range between 156.90-153.55 . As I'm expecting price will come here once . Our Support :147.35
Tata steel is looking very strong. It has crossed all time high two days back. And it has rested its level and it looking to go up Apple. I have consider year low and project based on that price.
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Tata steel has given a good beakout. We can see 150-160 levesl in 6-9 months of timeframe. keep sl 110
- inverted head and shoulder break out done, ascending triangle trend line break out done, pennant flag breakout done, R1 also crossed nicely. - But bearish butterfly hidden inside on weekly chart which make some nerves among uptrends movement. - new investor please wait for correction - 140 is the trend line support. this analysis is for learning purpose...
Stock After long consolidation is ready for breakout Once cross 160 Massive Surges Long
This is the analysis of TATASTEEL in the weekly Time Frame. Watch carefully. The chart explains itself. If it breaks and sustains above the upcoming resistance level, it is good for the stock. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or...
📊 Script: TATASTEEL 📊 Sector: Steel 📊 Industry: Steel - Large Key highlights: 💡⚡ 📈 Script is trading at upper band of BB. 📈 MACD is giving crossover . 📈 Double Moving Averages are giving Crossover. 📈 Right now RSI is around 62. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 155 🟢 Target 🎯🏆 - 167 ⚠️ Stoploss ☠️🚫 - 150 ⚠️ Important: Always maintain your Risk &...
Tata Steel(1 Hour Chart) At Fib Resistance Zone Keep an eye.Next Bullish move only if stays above 160 Important Support near 147