Tata steel is on a breakout tata steel is breaking the vertical triangle clearly in weekly timeframe
buy - 126-127
target - 138 , 150
sl - 118
TATASTEEL trade ideas
Breaking the long term resistance of 124In todays session TATA Steel has broke the long term resistance of 124.
Stock was continuously facing resistance at 124 for last 1 and half years. Finally broke out.
Hoping for big move.
TATA STEEL LTD - 40% ROI - Long TermSYMMETRICAL TRIANGLE in Weekly Time Frame
if this stock breaks 115 level, huge potential comes in this stock
If you are interested in investment, go for it with proper risk.
Overall "TATA STEEL" fundamentally good stock.
Entry level : 115
SL : 102
TARGETS : 125,138,152
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
HAPPY TRADING GUYS
Tata Steel Ltd *Tata Steel Ltd.*
C&H Formation on Weekly Basis.
Strong Price BreakOut & Sustained
Resistance @124
Trail SL with Upside.
Book Profit as per Risk Appetite.
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
Tata Steel_ Is Trend shifts to Bearish? Price recently taps in HTF supply zone and rejecting from that area. Price is forming Head and shoulder pattern ,with series of LL and LH , and confirms its bearishness. However its just a short term correction till fib- 0.618 (in monthly time frame) since Price breaks and close above trendline in monthly time frame . It can give us longing opportunity from the marked zone in charts. I will update the chart if there is any confirmation.
Tata steel elliot wave analysistata steel complete upside 5 wave and down side correction end wave a,b,c,
Tata steel buy 118.70
stoploss 114.80
target 130
Buy Tata Steel for Long Term.TATA STEEL HAS GIVEN BREAKOUT IN LARGER TIME FRAME.
First Target : 165
Second Target : 225
Tata Steel is a manufacturing company of Tata Group engaged in steel manufacturing sectors. It has a strong brand name, yet the share price hasn’t seen an uptick in the past few years. The company has given an average return on equity of 15 per cent in ten years.
As per the official report, the company posted a revenue of Rs 62,962 crore, a decline of 9.18% in the March quarter and a net profit of Rs 1,705 crore. Looking at its past, the company has been showing steady growth for the last few years.
The current share price is up 8.6% in one month and the expected share price can reach Rs 155.20 by the end of year 2023. Market experts and our analysis suggest that this is a good stock to hold for the long term.
The company has strong fundamentals and is always in demand in construction and other sectors. The current dividend yield of Tata Steel is 4.80%, which means that the company generates profits year after year.
The financial results of the company are good and we can expect good returns. If Tata Steel manages to maintain its 2021 record, we can see the stock price hitting new highs in 2025 as well as in 2028.
TATA Steel Positional Buy LevelsNSE:TATASTEEL has been succeed to trade above level of 119.35. My idea is to take buy entry at current level of 120 with stop loss of 116 (-04 points risk). I am expecting up side target of 122 (+02), 124 (+04) & 126 (+06) within 3-4 weeks.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
TATASTEEL breakout long entry a beautiful flag has formed and we have a breakout upward triangle which can lead to an excellent long position for Q3-Q4 recommended to take profit along the way and not hold longer than the end of October.
Tata Steel investment opportunityWe are getting Symmetrical triangle pattern on Weekly chart whose breakout is possible in next week.
Long term Investors can plan for target of 165
Opportunity for short term investors also available whose graph sharing here.
983 462 1628
Tata steel may break outA nice pattern break out for tata steel,as per the pattern is considered it may lead to a long or short ,mostly it will go up till 160 to 180 in one week
Tata steel breakout Tata steel breakout from 2 year time frame
Probability that it will touch 231 target price in nearly 8-12 months
Tata steel Break out from 2 years time frame
Probability that will touch 231 Target price in 8 months to 12months
TataSteel Weekly BreakoutWeekly Breakout @ Rs.113.50, Buy now or Add on Dips till retest.
Disclaimer:I am not a SEBI Registered Analyst, and the views expressed here are solely my own and for educational purposes only. Make sure you consult your Financial advisor before investing, as I won't be responsible for any losses incurred.
TATASTEEL Bullish. TATASTEEL as per my perspective looking bullish as per today candle close. we may see potential of 15% upside.
A perfect Head and Shoulder on Weekly basisA perfect Inverted Head and Shoulder on Weekly basis
Steel Sector
Tata Steel forming bearish patterns. #Tatasteel has formed bearish wedges and bearish symmetrical triangle pattern.
On the last trading session i.e. 12th May 2023, Friday this script has broken down and has also formed bearish divergence.
One can short this script for a target of 104 & 100 with a stop loss at 109.
Bullish Symmetrical Triangle Breakout #TataSteel has formed a bullish symmetrical triangle pattern on chart and has retested and moving up giving confirmation of the long side trade.
It has also formed cup and handle pattern on the indicator which is also indicating an upside move.
Entry: 118 or CMP
Stoploss: 110
Target: 138, 148 & 200
#Tradewisely
TATA STEEL Good to go longExpecting a good upside move if closing above 116 levels for a long term. Not a buy or sell recommendation. Do your own analysis
if broken it might touch new highsif broken it might touch new highs. can take an entry not an investment advice analyse yourself before doing any investment
TATASTEELTATASTEEL may be ready for a bigger move soon.
We are ready for a move in either direction.
Targets for longs and targets for shorts are shown on the chart.
Good luck.
TATA STEELElephant candle on daily TF with gud volume. also confirming w pattern. same candle low will be sl. it may go slow in these level 107 to 108. because it may have some MA resistance. it may have gud potential upside. trade with gud risk reward ratio. Always take SL.
