TATA STEEL Monday Intraday Trade PossibilitiesTata Steel is moving under a triangle shape. No major move expected. But if it break the triangle base then there will be good shorting opportunity.
My View for shorting : Enter after retracement
TATASTEELPP trade ideas
Tata Steel on 15 min time frame Tata steel is facing a continuous resistance as can be seen on the image . So good for intraday if its breals the level with a good volume and its important for it to take support at 200 EMA.
(ADVICE)- Market is sideways nowadays so act accordingly , if market is also going up and showing signs of going up then it may be more accurate trade.
TATA Steel BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
TATA STEELHello and welcome to this analysis on TATASTEEL
After consolidating near 1050 it gave a sharp bounce back within a corrective structure that went onto test its falling upper trend-line.
Now as long as it does not sustain above last THURSDAY high there is a strong probability of resumption of its downtrend in the Z leg of the complex WXYXZ it has initiated from its high.
This down move could take it to 1075 and if that does not hold then 875-900.
TATA Steel and other metals can thriveTata Steel CMP 1254 is giving a solid break out after forming a sort of triple bottom near 1063. The immediate targets for Tata Steel will be 1300, 1346, 1376 and 1426 in a long run. Maintain a stop loss at closing below 1060 levels. EPS of the stock is consistently growing. After giving a bumper result the stock is still trading at PE of 4.1. RSI of the stock is showing strength and delivery percentage of the stock is also rising.
TATASTEEL ANALYSIS For Swing TradersTrendline Breakout Trade
CMP: 1254.45
Upside Targets: 1340-1355, 1410-1420, 1460-1472, 1510-1520
It will retrace most probably and you can make a fresh entry but if it rises then you can enter above 1260
TATASTEEL LONGTata steel breaking important resistance zone and trading above the trendline as well.
Good to go long in this stock now with 100 points SL and 300 points target..
R:R :- 1:3+
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Tata steel-BuyBuy Buy.
Its target I have shown in the picture. Thank You.
Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly.
This analysis is purely for EDUCATIONAL purpose
TATA STEELHello and welcome to this analysis on TATASTEEL
From the recent highs after a tremendous rally for around 15 months TATASTEEL reversed and has so far shown all indications of a complex corrective within a falling channel.
After completing a WXY in end NOV near lower channel it bounced back to the upper end of the channel but in a corrective structure till mid JAN and then dropped sharply.
Now going forward if it holds above 1085 it might once again attempt a retest of the upper end of the channel near 1225-1250 to complete an X wave and from that level it could resume the last leg Z of the complex corrective till 900.
Key levels to be watched 1065 if breached now then bounce would be ruled out & 1300 which would negate the Z leg of the complex corrective.
Tata Steel | Longterm and Short term Viewcurrently is at local maxima. so sell.. buy on dips is applicable.. levels are mentioned in the chart
Tata Steel Intraday Strategy for 10/02/2022Tata Steel Intraday Strategy for 10/02/2022
Buy above : 1246.10
Sell below: 1207.50
Tatasteel good swing trade,keep an eye.Tata steel at very crucial levels, If it break the triangle resistance then it will fly to it's all time high. But it is not triggered yet and might be triggered in two or three trading sessions. But on the other hand if it fails to break this resistance then it will test its lower support which is great and good for sudden bounce.
So keep an eye on this swing trade. Trade as per your risk and manage proper risk reward ratio. Thanks.
TATASTEEL - Long viewDear All,
Kindly refer the chart for trading details.
Tata steel can give a possible good move.
Quarter on quarter results have not been that great compared to last quarter, however compared to last December the results have been good.
Sales have grown over the last quarter.
We can expect some good buying to happen in this sector.
Kindly read chart well.
The views expressed are for education purpose only
All the best,
Thanks & Regards
Your feedback is highly appreciated
TATASTEELDetail explanation provided in the chart.
Disc - Am not a SEBI registered. Please do your own analyses before taking any position. This post is only for educations purpose.
TatasteelTatasteel broke out of triangle pattern on 15 mins charts & comfortably trading above it with good volumes.
Could be bought with mentioned stoploss & targets.
Tata Steel is going to form a Double top soonWe are going to get an good opportunity to sell option of Tata steel. See the analysis do yours as well and make your target for the day.
TATA STEEL buy tata steel swing trade. seems in consolidation if break 1200 and sustain above 1200 buy and target will be 1264,1315,,1524
Tata Steel pattern formationTriangle pattern formation, with fibonacci crossover indicating buy, how will the trade go?
TATA STEELNSE:TATASTEEL
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