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Tatasteel_short

Tata Steel - Elliott Wave CountTata Steel - Elliott Wave Count Based on Elliott Wave analysis, it appears that Tata Steel has recently completed Wave B and has now started Wave C. The stock is expected to decline further, with the downside target being in the 80 range. This indicates that the stock may be a good candidate for short selling or for investors looking to buy at a lower price point. It's important to keep an eye on the stock's movement in the coming days and weeks to see if it continues on this downward trend. however, if the market breaks above 136 the view is invalid. Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading. NSE:TATASTEEL NSE:TATASTEEL1! BSE:TATASTEEL BSE:TATASTEELPP
NSE:TATASTEELShort
by Treda_pro
{TATA STEEL }: {POSITIONAL TRADE WITH EQUILIBRIUM ANALYSIS} Every and any Trend has a Source and a Destination and the best way to Trade if from the Start Point of the Trend till the end of the Trend, (i.e till Destination Zone), Here we have Price created a Quarterly Source Supply and we have a Annual Demand formed which is the Detination of the Trend. Now Price reacted to the Quarterly Source Supply and has given a Downward COnfirmation in Monthly, So we luckily have a lot of time to succesfully plan this trade and enjoy the Returns with peace of Mind. ENJOY THE RIDE ! ! !
NSE:TATASTEELShort
by WavesandZones
TATASTEELHello and welcome to this analysis on Tata Steel After a long correction which lasted more than 7 months, in FEB the stock gave a vertical recovery rally. The rally ended with a diagonal indicating signs of short term exhaustion. Earlier this month we saw the diagonal breakdown and today we are witnessing more selling pressure in it. It could continue this decline till 1250 as long as it fails to move above 1320. Medium to long term stock remains bullish. Short term weakness might continue
NSE:TATASTEELShort
by Dinesh_C_Nagpal
Tata steelTata steel stock is in wave 5th of wave 3rd of the recent impulse till it ends, on daily charts, the most recent rally is ended in wave 3, as per theory, both rsi and macd are showing bearish divergence in daily time frame, and this can also be seen in poor volumes and participations in metal stocks during the most recent rally, this is typical of wave 5 of some degree, as per scenario wave 4 depth of correction is marked near 1070 to 1100 range. it sounds hard but who knows we can go there if wave 3 comes to an end. Key Levels are Mentioned on chart Wave Structure and Volume Rsi bearish Divergence in daily time frame Macd bearish divergence in daily time frame Creating bkt in daily time frame Waiting for confirmation Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
NSE:TATASTEELShort
by RK_Chaarts
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