TATASTEEL Elliot corrective wave anlysisTatasteel positional targets as per Elliot wave analysis. Levels ate given on the chart. Trade as per your risk appetite
TATASTEEL trade ideas
Tata Steel LimitedBearish Outlook on Metal Sector. Tata Steel Looks week on Daily Charts. Stochastic and MACD also confirms the bearish view
TatasteelFormed Bull Flag pattern in last 2 years. Right now it's consolidating in Descendant Triangle pattern, which is bearish short term. Need to break the the upper trendline for bullish breakout. Strong support at 1260, if it gets breached next support 1232, 1113 and strong support at 1030. Long term bullish, short term bearish.
Let’s hope good support at 1050 Tata steel have good support at 1050 if fall then 950 to750. Target upside is up to 1400 to 1600. This is my personal view I am not sebi register advisor. Before taking any decision please take expert advise. This is my personal view and for educational purpose. Don’t take any investment decision on this post.
Tata steel Descending Triangle Tata steel has posted fantastic quarter results. Stock has got support at 1200. Clear break out needed with volume to take stock further upward.
Any breakdown below 1200 shall test 200 MA I.e. 1100.
TATASTEEL breakout prediction.It's time for Tata Steel's breakout. Breakouts can occur any day between 20th November and 14th December. Buy it just above the breakout point and hold.
TATA STEEL : NECK OR BREAK LEVELSStock trading in 4 hour Correction , if stock break below 1260 levels then stock will expected to enter in hourly Chart pattern which will take stock to levels of 1120...
Buy above 1380 tgt 1600 sl 1310
Short below 1250 tgt 1100 sl 1290....
INTRADAY - SELL TATASTEEL 1332 - TGT 1316Channel break out and Rejected at previous Resistance.
TGT 1316
SL 1345
INTRADAY
TATA STEEL (SHORT)Be cautious while trading in TATA STEEL. If you are holding keep Strick SL at 1215. its following a downtrend now only buy above 1542 level.
Sell below 1215.
Buy above 1542 only.
keep tgt 1:3 in both
SL: Tgt = 1:3
stock P/E is also high
stock is in overbought condition due to suddent steel demand in the market in last few months.
cooling down may happen in this stock.
if holding keep strict SL. if planning to buy wait for Breakout above 1542.
Bullish Symmetrical Triangle pattern in TataSteelBullish Symmetrical Triangle pattern formed in TATASTEEL. In a few days or week, the share price will suddenly start rising.
Bullish Symmetrical Triangle pattern formed in TataSteelBullish Symmetrical Triangle pattern formed in TATASTEEL. In a few days or weeks, the share price will suddenly start rising.
TATA STEEL PREDICTIONS 28 OCTNeutral thoughts 1340-1350 heavy resistance. Long-term bullish trend but declining steel prices may bring it down.
Tata steel on a crucial levelTata steel on its make or break level..wait for a bullish momentum tomorrow then one can think of going long on tata steel for swing
Tata steel ready for breakout Tata steel at its important support. Keep looking out for the breaking of that trend line .will show some good moves
TATA steel looking very powerfulTATA steel looking very powerful may be a good bullrun for this stock.
very heavy support on weekly
Tata steel looks good above 1400 levelsTatasteel given breakout and looks like its retesting the levels after a green candle above trendline one can go long..
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It is just for educational purpose
Tata Steel 4hr Chart Symmetrical Triangle 20 Oct 2021Tata Steel on 4hr Chart Formed Symmetrical Triangle 20 Oct 2021. Breakout Didn't sustain. Wait for breakout and Retest. 20 Oct 2021.
Greate opportunity in Tata steels.So here is the 1 day chart of Tata Steel ,as you all can see it creates a head and shoulders pattern and give a breakdown, now it is coming back for retest.
So in this case we have two opportunities
1- if it breakout the neckline and crosses it the next target would be 1470 which is its previous shoulder and if it even breakout shoulder the next Target is 1530 which is head.
2- the second possibility is that if it can't cross the neckline and reverse back than this is the sign of selling pressure and for this scenario we have target of 1250.
From my observation there are higher chances of downtrend,but we have to aware of both opportunities
🙏🏿
Thanks and regards
Ankit Mathela
Keep trading 🔥
Tata Steel looking goodNSE:TATASTEEL
Important levels marked on the chart.
This is my personal view and not recommendation.
Tata Steel ready to moveDisclaimer:
All information shared is just for educational purposes.
By no means shall we be accountable for any debits/losses amounting out of it.
We are not SEBI registered Analysts, so please consult your Investment Advisor and take rational decisions.
