TATA STEEL# TATASTEEL
After a good correction it has took support from the very Strong zone. Looking Good for long.
Trade ideas
Ascending Triangle PatternBullish Breakout Expected as There is a Formation of Ascending triangle in TATA Steel 15 Min Time Frame. CMP 1130.0 Target 1160. Please reply Opinions
buy tatasteel buy tata steel at 1125 and keep target of 1205/1250/1300 and stoploss of 1045 keep stock till jan expiry 2022
TATA sTEEL Today ViewTARGET expecting 1128. But Retesting in 1124.25. TATA Steel Recovered From yesterday Loss
Tata Steel AnalysisHallo 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..
TATASTEEL SHORTDo initiate trade based on 5min candle close!
Levels mentioned on chart.
Trade at your own risk!
Thumb's up if you like the idea and do follow for more such ideas!
TATASTEEL-Triangular Pattern(1day Time Frame)NSE:TATASTEEL
The Trend Lines indicates a Triangular Pattern being formed. The Stock tends to be Bearish in 15min/30min/1hr TF Candles. The Stock has taken a good support in 1 day TF and has shown Bullish behaviors.
TATA Steel CHART is SELF EXPLANATORY ... i have analysed the chart pattern of tata steel and came up with folowing analysis. HOPE IT HELPS. Like the analysis if you found any value addition content ...
tata steel -expected behavior on weekly chartthis chart is purely for educational purpose.
Technical summary as of 05/12/2021
name value
rsi(14) 56.384
stoch(9,6) 65.956
stochrsi(14) 66.072
macd(12,26) 3.090
adx(14) 31.207
williams %r -27.045
cci(14) 59.4315
atr(14) 12.1107
highs/lows(14) 2.2286
ultimate oscillator 49.410
roc 3.461
bull/bear power(13) 13.9520
Tata Steel price looks weakTata Steel price looks weak
Reasons/Traits :
• Forming bullish Gartley harmonic pattern
• Retested point B of Harmonic pattern
• Pricing making lower lows
• Price retraced and from 0.618 fib levels and got rejected at 50 EMA and heading back to 0.618 level
• Breaking 0.618 level can further see a price decline
• RSI strength is reducing and is below 50
What can happen next :
Scenario 1 : Price sustaining 0.618/0.5 levels can help price bounce back to meet 50 EMA (red line)
Scenario 2 : Price break down of 0.618 levels can take it down to touch 200 EMA (black line) or 1050 level and complete Gartley harmonic pattern and retrace back to point B (1300)
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Tata Steel Short Trade 1 Hr candleTata Steel 1 hr Dupply Zone
If trading for intraday keep target to 2:1
If Trading Futures 4:1 Target with trailing SL
TATATSTEEL AT SUPPORT (DAILY+CHANNEL)Hello guys, the next stock I am watching for upmove is TATATSTEEL.
Following a channel pattern, now has touched the lower channel line acting as support, is also on daily and weekly support.
RSI is bullish
MACD about to turn green.
Buy above - 1125
15% upside possible.
Targets mentioned in the chart above.
TATA steeel INTRADAY setupTata steel looking good in intraday above 1180 it will be bullish and below 1170 it will be bearish in market
always follow profper risk management and position sizing
