TATASTEEL trade ideas
BULLISH ON TATA STEEL LTD.NSE:TATASTEEL
currently taking good support and shows bullish reversal . and also there is common pattern which this stock shows earlier also as after taking support on Simple Moving Average 44 , show bullish trend in a WEEKLY time frame.
IT CAN BE A GOOD TRADE.
Do your own analysis before investing.
TATA Steel near buying zone Tata steel near buying zone and can see some supportive area and reversal so watch lets see
wave analysis of TATA STEELI have applied the wave principle to the stock of tata steel. I hope it will be enjoyed by the community at large
TATA STEEL- Price Action Analysis Metal Sector NSE:CNXMETAL already seems negative and international CAPITALCOM:COPPER has also beaten down from new corona virus concern.
It is undoubtable that NSE:TATASTEEL shows bearishness from past 3 week and nearest at PRZ (prize reversal zone) which comes from Harmonic Bullish butterfly pattern 1.272 level at price 1025 but still sentiments are negative so any reversal candle from level 1015- 1075 will provide good opportunity for buy.
meanwhile 1000 is psychological level any closing below this make create further downside momentum.
BUY : safe traders can buy above 1000 as with the range 1015-1075 with confirmation of reversal candle.
SELL : sell opportunity only comes when price reject from 1198-1229 at upper zone or if it finally closing below 1000.
NOTE : try for the small swing up to dynamic trendline although breaking this bearish dynamic trend line and closing above only hope for Bullishness.
TATA STEEL - target 52week high/1630+As i said in the video wait for breakout to happen, risky trader may accumulate it @CMP for a target of 52week high/1630+
This is not a call/financial advice and it meant for educational purpose only. I'm not responsible for your profit/losses.
check out my other videos too.
Hope you guys found useful.
Thank you.
#TATASTEEL harmonic update#Tatasteel investment in cash
ADD 40% at 1175
ADD 40% at 1105
REMAINING 20% 1050
SL -1030 CLB
CMP:1253 @20 September 2021
TATASTEEL Elliot corrective wave anlysisTatasteel positional targets as per Elliot wave analysis. Levels ate given on the chart. Trade as per your risk appetite
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
