Tatasteel short , may hit 663- 635 in coming daysMy views only, study purpose not any trading or investment advice
Thanks @AMGO_Markets slowly learning from your charts... Still am a novice trader
TATASTEELPP trade ideas
Head and shoulder 1D Head and shoulder pattern breakout in jindal steel stock today
Keep tata steel in watch ..
Descending triangle on TATA STEEL Hi Traders,
I am Bearish on Tata steel for tomorrow Forming a Descending triangle and consolidating for three days inside it.
1st Tgt-- 664
TATASTEEL 1HRBEARISH DEEP CRAB ZONE On Type 1 Entry Earlier this same Pattern given good reaction & Hit TARGETS
now price is again in PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL & strong RESISTANCE FROM MONTHLY WEEKLY & Daily Timeframes LEVELS everytime price was rejected .VERTICAL DOTTED LINE is Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying
WITHIN 3-5 BARS WITH CONFIRMATION FROM BEARISH CANDLE & RSI MUST BE BELOW 70
SELL
TATA STEEL 60 MINS CHART (Near Break-out)TATA STEEL, 60 MINS CHART
ONLY Breakout above 694 can proceed towards 732
Disclaimer
I am Not SEBI REGISTERED Analyst
My Studies are Educational purpose only
Please consult with your financial advisor before trading or investing
Tata Steel can go up to 467 as per The line on the chart .....Tata Steel can go up to 467 as per The line on the chart ....
Tata Steel - Halt the rally and Correction time !!!Steel Stocks have Run a lot and now its time to halt the rally.
Big Bearish RSI Divergence on daily chart will do it for us.
One should look to take profit at these levels.
My targets are 585-590.
Invalidation is daily close above 730.
Broken Demand ZoneTata Steel Analysis.
Broken Demand Zone, expecting to go 620 and below.
Let's see.
