Strong Buy in Tata SteelAs per harmonic Bat pattern, The B point breakout with high volume confirms that bulls entered into the market. Here , we can take long position by placing sl at C point. This is for educational purposes only.
Trade ideas
Tata Steel for 25% gainDate: 24 Sept’24
Stock: Tata Steel
Timeframe: Daily
Tata Steel seems to be in Wave V of 5 which has a likely target of around 200 (25% from current price of 160) as seen in the chart. Volume is high and RSI is strong. Even if this price is achieved in next 3 to 6 months, it is a safe bet.
This is not a trade recommendation. Please do your own analysis.
Bouncing from a crucial accumulation zone with volumes.NSE:TATASTEEL Bouncing from a crucial accumulation zone with significant volumes.
147-157 Will be the Key accumulation zone, with an upside of 168 to 185 Zones.
The Metals Sector is in Favour With FED Rate Cuts and China Rate Cuts. Keep a Watch.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Tata Steel - Breakout viewTata Steel :
Resistance turned support line breakout done
Sustaining 161 can give quick 5 percent move, immediate support at 158
Tata Steel Bull Call Spread !!! Amazing opportunityTata Steel after taking support on 50 DEMA has resumed its upward trajectory. Chinese central banks have decided to ease monetary policy by 50 basis points following the feds but fundamentally to support growth as economy has been slowing down. This is good news for global commodity markets because slow Chinese economy dumps commodity in the global market. Tata steel is likely to benefit with its recent capacity expansion. Price action supports this theory. One might position to benefit by employing bull call option strategy.
TATA STEEL STOCKNSE:TATASTEEL Tata Steel stock is the best support stable at 135 to 145 and can buy this stock once it stabilizes above Rs 170.
180 to 185 rupees will be the first target and 200 to 210 will be the second target.
Stoploss is one weekly candle closed below the trendline.
TATASTEEL SUPPORT & RESISTANCE For Tata Steel (TATASTEEL), the key support and resistance levels are as follows:
Support Levels: ₹119.25, ₹119.011
Resistance Levels: ₹120.9, ₹121.521
These levels can help you identify potential entry and exit points for your trades.
Short-term traders can look for sell opportunities around the immediate support level of ₹ or the support level of ₹ .
Medium-term traders can consider long positions around the resistance level of ₹ or the resistance level of ₹ .
Long-term traders can look for buying opportunities around the support level of ₹ or the support level of ₹ .
Tata Steel chart pattern after the correction. Tata steel has been completed its correction i.e. Expended Flat Correction. It full fill all the criteria of this pattern and now ready for fly. Anyone who is interested can buy with the stoploss of wave C.
TATASTEEL,29 August /Day 4 of 20 trading sessions /Live intraday
Long / 152.1
Target / 153
SL / 151.34
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Trading involves risk /trade accordingly.
TATASTEEL PULLBACK TRADE.Buy at cmp 152.
Add till 140.
Target 225+.
Stoploss 135 closing basis.
Holding period 3-6 months.
tatasteel shortstrong bearish candle accompanied by high volumes; hit resistance of regression channel and came back into channel thus confirming the channel
tata steel buy nowtata steel gives breal out of inverse head and shoulder at 1 hour time frame. Buy tata steel now for target 163,166.
All Time High Breakout and Retest Done - Huge Upside PossibleAll Time High Breakout and Retest Done - Huge Upside Possible
previous resistence now become support
Tata Steel Monthly Chart Tata Steel
Monthly Chart
Tata Steel From 0 Fibo to 0.786 touch (Low 83 High 185)
From 185 ( 0.786 Fibo To 0.50 Fibo ) Low Rs 148
Next Upside Move Starts From 0.50 Fibo Levels To 1.618 Fibo Levels
Cmp Tata Steel 154 (as per 0.50 Fibo it comes to 148 ) SL 133 Tar 164,185, 213,263, 293
(Long Term Chart)
Tata Steels Date 22.08.2024
Tata Steel
Timeframe :Weekly chart
Remarks :
Weekly closing below 148 is weak
For longs, keep 148 as stoploss on weekly basis
or closing below 50 weekly exponential average
Regards,
Ankur
Tata steel +ve move expected Tata steel breakout and retesting completed now we can expect a upside move
EYES ON TATA STEEL (23% upmove expected)Entry :149.90
Sl :138.29
Target 1 :175
Target 2 :184
*** EDUCATIONAL PURPOSE ONLY***
Tata Steel Tata Steel
Black trend line support
Blue trend line break out and retest done
Buy 140-50
Long term Target 200-250
Educational purpose only
Tata SteelTata Steel :
Weekly:
-Stock is taking support at .618 Fibo Levels
-Trading above 50 MA and also at support of lower Bolling Bands
-Also at previous support levels
Daily:
-RSI at support levels
-Stock showing signs of reversal
-Can be entered for investments purpose or positional trade
Note: The above analysis if for educational purpose only.
-CA Diptii Saeth
NCFM and NISM Certified Technical Analyst
PhillipThe stock market as a whole is an exchange mechanism that helps investors buy and sell shares in publicly traded companies. Though you can visit the New York Stock Exchange (NYSE) and offices of the NASDAQ, these are just components in a broader marketplace. Trades are conducted mostly through electronic means between participants who are remote from each other. The mechanism is an excellent means for businesses to raise capital from investors. Additionally, analysts closely examine its traded prices for signals of economic strength or weakness.
Tata Steel Ltd. ( 25% upside potential )
Sector: Iron & Steel
WTF as we can see MTF & DTF structure bullish and price makes HH & HL pattern and now price in MONTHLY demand zone ( previous resistance) with RSI bullish divergence and bollinger band lower band support in DAILY TF.
LTF say 1H mitigation in DTF demand zone with RSI bullish divergence and bollinger band lower band support.
on DAILY TF RSI N BOLLINGER BAND also support the IDEA...
price may face resistance at 175-178 as DAILY supply zone as well as HTF supply zone....
on the other hand we PA moves against our anticipation, 130 level on DAILY closing basis act as stop loss...
so keep in mind and plan your trade accordingly...
Who's gonna trade with me for this trade IDEA let me know.....
TATA STEELTATA steel on fib 0.5 0.6 levels . high chances to took support. if support taken we see bull ride on this script
This is not financial advice. Just sharing analysis for educational purpose
