TATASTEEL trade ideas
278 SAN. BV For intraday plus Short term (2 to 3 days)Disclaimer: Set-up shown here is only for educational purpose only; This is not a sell or buy recommendation. We are not responsible for any loss or gain; Consult your financial advisor before your execution of any recommended trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on passive analysis (PA)/ Static ANalysis (SAN). Many times Market does not provides good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) for your entries and exists (Profit taking point 1 (PT1 or PT2) or Stop loss points (SL)). Always run with SL.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on passive analysis (PA) or static analysis for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on real-time Active Analysis (AA)/ Real-time Analysis (RT)/ Dynamic Analysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. (ENT= Entry not triggered). Daily post appears on stocktwits.WavoZen.
Buy Tatasteel if it trades above yesterday's closeBuy Tatasteel if it trades above yesterday's close
Tatasteel on buy sideDouble bottom on strong Support. And bullish
bar on daily timeframe. can give upmove buy on
given levels.
above 487 sl 477
tgt 494-507
111.PA. Outside inside Reversal bar playSupported by MACD crossover below zero
Risky play and Run with SL
Tatasteel ShortTata Steel looks spooky!
Massive call writing and put unwinding took place at the strike price of Rs 500.
I'm expecting downside levels of 450 to 425 Rs.
#TataSteel #OptionChainAnalysis NSE:TATASTEEL
Tata steel ....... short set upTata steel is facing resistance at the resistance area marked on the daily chart & also some kind of a double top is also getting formed at this level. looking to go short on any kind of violation of the uptrend line on retracement.
this is just my view.....you are free to comment.
Just did little analysis on TATA STEEL I think Elliot correction wave is happening now in Tata Steel .Please give your feedback.
TATA STEEL - DAILY - BULLISH GARTLEYLONG enrty in the TATA STEEL script because of the BULLISH GARTLEY formation in DAILY time frame is advisable ?..
CMP - 501
Target 1 - 546
Target 2 - 600
SL - 461
TATASTEEL - MEDIUM TERM VIEWTHE FORMATION COULD BE AN EXPANDING TRIANGLE IN THE B WAVE OR AN ENDING DIAGONAL IN THE C WAVE. BOTH GIVE A TARGET OF 355.
Expect to recoup supportHas gone below 4/1 ascending angle today but is expected to recoup in a day or two. Support is at 460, resistance at 532.50. Target 591 in intermediate term
TATASTEEL - Medum Term - Target 1 494, target 2 - 433TATASTEEL SEEMS TO BE MAKING A TRIANGLE IN B WAVE OF A ZIGZAG CORRECTION. ABC LEGS OF THIS TRIANGLE ARE ALREADY COMPLETED AND CURRENTLY WAVE D IS IN PROGRESS. THE REAL TEST WILL BE WHEN THE PRICE REACHES 540. IF IT REVERSES FROM HERE, TRIANGLE IS A DEFINITE POSSIBILITY AND THEN TATASTEEL CAN BE SHORTED FROM AROUND 570 LEVELS WITH A STOPLOSS OF 590 AND A FIRST TARGET OF 494 AND 2ND TARGET OF 433
