TATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVELTATA STELL MAY RETEST 800 LEVEL
Tatasteel
Why you shouldn't invest in metal stock post budgetDon't get easily fooled by the positive news for metal stocks post budget, here is the weekly chart of Nifty metal! Sideways action since the initiation of the index! Now if you are good at catching tops n and bottoms of the market you can go ahead and trade it, but even Hedge fund managers have a tough time doing this so good luck 😉
Tata Steel BSL will be the best stock to get in todayTata Steel BSL is backed up by Tata steel and it looks really good in charts, stock can be accumulated in the buying zone and can hold for long term.
Note: This is for educational purpose, please invest your money based on your research.
TATASTEEL Breakout TATASTEEL multiyear breakout, strong resistance near 750 level, need to be kept in focus by looking at the price action and the volume levels. levels as high as 910 developed in TATASTEEL. NIFTY METAL performing very good. STEEL companies all over the world performing well.
Go long on TATASTEEL with stop loss at 700 level, highly unlikely to be reached.
MACD crossover visible on daily chart.
Since huge buying was seen today, there might be some consolidation or selling tomorrow so keep that in mind.
RSI is in overbought zone so keep that in mind as well. But it seems to hold the overbought zone since the past few days.
Both derivatives and equity can be bought, i would recommend buying 750CE or cash equity as per risk apetite. if 750CE or futures are being bought, kindly have a serious look at the price action tomorrow as atleast some retracement of today's maribozu is possible.
Kindly let me know if any clarifications are requires, you may message me or comment on this post.
Great profit opportunity visible in the steel sector in the near future, global ques also positive.
Note
Post only for education purposes.