TATA STEEL buy tata steel if break that recent high, on a verge of breakout, it has already rejected the lower levels on daily chart.
HWHG trade ideas
TATA STEEL ON MONTHLY CHARTJust in any case, Neck Line is broken. This can go towards the previous support.
TATASTEEL IS AT MAKE OR BREAK LEVELIf this zone acts as a strong resistance, we can expect a great fall. If it is sustained above this zone, buy positions can be considered.
TATASTEEL turned to long term downtrendIt has broken support recently and retraced to resistance, then eventually got rejected. last chance to exit longs. seems like consolidation above 1000 was distribution.
TATASTEEL - 27th May 2022Stock at Key Support Area 1060-930.
Braak of these Levels can result in sustained downtrend with Caution.
Holding these Levels can cause Stock to Resume Uptrend towards 1400 Levels
TATASTEEL Price Action 0111Price seems to be in a downtrend, rangebound. 1050 seems like a good support.
TATASTEEL further levels !!NSE:TATASTEEL
#NSE:TTATASTEEL open with gap up and with a small pull back given good bullish mometum.
Resistance levels for the day marked for referrance.
Happy LEarning !!
Tata Steel - Short Opportunity#TATASTEEL - Read it full- New way to learn how to read chart
Comment 'we are the powerhouse' if no one teaches you in such easy way ;)
Short opportunity
Lets explore new style of seeing stocks. As stock is in Downtrend. Ask yourself, 'Last selling kaha se ai' . You will get an answer -1200 levels. Then ask 'last buying kaha se ai'. You will get an answer -1100 levels. Now these two are your key levels.
Now till the time these two levels are not broken to up, the trend wont change.
Now how to trade? Levels jahan se last selling ai, vo wale log profit book zarur karenge aur stock upar ja skta h kabi b. Will you buy it right now? NO- as it can hit your sell.
Now as we understand, we wait for a pull back to the level jahan se ' Last buying ai' or the level jahan se 'last selling ai'. If on either levels, we see a bearish candle, that will be our entry and SL will above that level.
Level jahan se last buying ai is important, because that can be a possible resistance now, which was earlier support.
I hope your learned a new way today & Understand chart in a better way
Moving in channelChannelling techniques works well in zig zag type of correction... Till now the way pattern has formed it suggests zig zag. Last wave B retracement was 0.618 of the wave A, and now looking for wave A= wave C at 915. Let the pattern unfold before taking any trading decision.
M pattern B/O in Tata Steel I feel to see M pattern in Tata Steel chart shared Below feels like a Big Move Thats couldn’t sustain before.
REFFER
mages.app.goo.gl/UuDKGMyxHYhKA6ZP8
TATA STEEL: RSI Divergence resolvedTata Steel is trading in downward channel. Seems an earlier RSI divergence has been resolved. Wait for weekly close before taking any fresh position of either side.
LOOK FOR BUYING OPPUTUNITIES NEAR 1000 (TATA STEEL)one can look for buying opportunities near 1000 in tata steel as its strong support zone and price can reverse from there.
Double Top Pattern at tatasteel Be Cautious #Doubletop #Pattern (trend reversal ) at #tatasteel weekly chart.
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
NOTE- INVESTED #TCS
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #doubletop #doublebottom
Tata Steel Short trade.In TATASTEEL ending diagonal has been formed at the end of Wave B, If there is downward breakout one can expect down move which is the start of wave C, if it didn't breaks the invalid level placed at 1386.7, then the marking are invalid.
Tata Steel : A good retracement and ContinuationStock has taken support around 1050 levels which is also a 0.50% retracement level.
Stock is showing higher buying volumes and good strength.
Can be bought around 1200 with a target of 1500 and SL of 1050.
DISCLAIMER: Only for educational purposes only.
short tata steeltata steel have broken strong support target on downside comes around
TARGET1=925
taerget2=800
stop=1110
TATASTEEL day time frame viewTATASTEEL day time frame view
this is for educational purpose
not for trading signal
Tata Steel Looking BullishAs per my analysis, Tata Steel is looking bullish on hourly chart.
The major support is @ 1069
On hourly chart it is also showing Bullish divergence.
Once can keep this stock on watchlist with a target of @ 1238
PS - This is for educational purpose only. Trade at your own risk. Happy Trading!
#TataSteel
